Skip to main content
Default Image

Scaling up employee ownership is key to an equitable economic recovery

Expanding democratic ownership

A recent survey by the Employee Ownership Foundation and the Rutgers Institute for the Study of Employee Ownership and Profit Sharing shows that employee-owned firms during the current economic crisis have laid off fewer employees than comparable conventionally owned firms. Employee-owned firms were also less likely to reduce employees’ pay and hours and more likely to provide personal protective gear. Employee-owned firms that did not receive emergency government loans were actually three times more likely to retain employees than conventional firms receiving federal assistance.

Publication date: 2021-03-04
Parent publication: DNYUZ
Publication URL: https://dnyuz.com/2021/03/04/scaling-up-employee-ownership-is-key-to-an-equitable-economic-recovery/

More related work

Default Image

Healthcare as a public service: Redesigning U.S. healthcare with health and equity at the center

The Veterans Health Administration—the country’s only fully public, integrated healthcare system—has a lot to tell us about how a national healthcare service for the United States might operate.

read more
Medicine Cost

Americans deserve publicly owned generic drugs

Bold policies could have saved America’s largest generic drug plant, but it’s never too late to start putting communities first.

read more
Illustration courtesy of United Nations

All health is public health: Busting the myths of choice and commodity

For decades, we have been sold a myth of private health. It is a myth that our health is largely a product of individual choices and personal responsibilities. It is a myth that our healthcare is a service that private corporations can provide, and for which we must pay to survive. But the COVID-19

read more