The Aspen Institute Inc.
05/05/2024 | News release | Distributed by Public on 05/05/2024 08:42
Job Quality Newsletter - Employee Ownership on the Ground
This April, we co-hosted the second Employee Ownership Ideas Forumwith the Rutgers Institute for the Study of Employee Ownership and Profit Sharing. The two-day event brought together leaders from business, finance, government, philanthropy, academia, advocacy, and more to discuss the current state of employee ownership practice and policy, and how we can continue to move forward to expand ownership in the US.
The Forum was full of inspiring and enlightening stories about the connection between employee ownership and good jobs, healthy communities, business performance, a stronger manufacturing base, and the potential to address race and gender inequities. Practitioners, finance experts, state government representatives, and leaders from federal government agenciesshared their successes, challenges, and lessons learned about supporting employee ownership. We were honored to have Senator Bernie Sandersof Vermont, Senator Chris Van Hollenof Maryland, and Congressman Larry Bucshonof Indiana attend and speak about the power of employee ownership and the potential it has to build a fairer economy. And there was so much more!
The excitement and momentum behind employee ownership was palpable at the Forum. This month's newsletter features highlights from the Forum and other recent research and tools from EOP and our partners.
Highlights from the Employee Ownership Ideas Forum
On April 9 and 10, the Aspen Institute Economic Opportunities Program co-hosted the second Employee Ownership Ideas Forumwith our partners at the Rutgers Institute for the Study of Employee Ownership and Profit Sharing. And today, we are pleased to share recordings from this event. Click herefor video, audio, photos, transcripts, and more.
Learn More About the Forum
Additional Reading
- Employee Ownership and ESOPs: What We Know from Recent Research
- Business Owner Responsiveness to Employee Ownership Outreach Efforts: Evidence from the Pittsburgh Citywide Taskforce on Employee Ownership
- ESOPs in the Manufacturing Industry
- ESOPs in Rural Areas
Can Employee Ownership Improve Capitalism?
Writing in Fast Company, the Aspen Institute's Maureen Conway, Rutgers' Joseph Blasi, and I discuss whether employee share ownership could help address the conflict between American capitalism and the American dream.
Read the Article
Employee Ownership and Equity in North Carolina
The North Carolina Employee Ownership Center (NCEOC) affirmatively incorporates equity into its mission to expand employee ownership. It also stands as an example of the importance of the Employee Ownership Expansion Network (EOX). This profileof NCEOC and EOX, co-authored with my colleague Maxwell Johnson, provides an overview of ongoing efforts to build infrastructure supporting the adoption of employee ownership.
Read the Profile
Additional Reading
- Boots on the Ground: A Profile of the Vermont Employee Ownership Center
- A Profile of Colorado's Employee Ownership Office
- Catalyzing Employee Ownership to Support Equity: A Conversation with Mowa Haile
The Importance of Participatory Decision Making in Designing Quality Jobs
In this brief, my colleague Maxwell Johnson and I explore participatory decision making, including its history, the outcomes it helps create for workers and businesses, its importance in helping firms navigate technological changes and design work-based learning, and numerous examples including those from employee-owned companies.