Employee-owned companies are organized in a number of different ways:
Employee stock ownership plans (ESOPs) are the most common type of employee-owned business in America. ESOPs are the most similar to traditional corporations and have been growing in America for over 45 years.
Worker Cooperatives combine employee ownership with employee governance. For example workers electing the board of directors on a one-person, one-vote basis.
Perpetual trust is an innovative ownership structure that helps companies lock in their mission indefinitely. They are new to the US but they have a long history in the UK. For example, the John Lewis Partnership, a large department store chain.
Equity Compensation benefits like stock options, restricted stock, and stock appreciation rights represent a flexible way to create broad-based employee ownership that is popular with small and growing companies.
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