What is Employee Ownership?
Employee ownership is a term for any arrangement in which a company’s employees own shares in the company’s stock. It can be used for business succession planning, to increase employee engagement and loyalty, to improve productivity and profitability, to reduce tax liability, and to provide for employee wealth building and retirement savings.
The most popular forms of employee ownership include Employee Stock Ownership Plan (ESOP) companies and Worker Cooperatives (Co-ops).
Video: Introducing MassCEO
Skip this video Introducing MassCEO.Employee Ownership Models
Massachusetts Employee Owned Initiative
Join Massachusetts Employee Owned, MassCEO's initiative to help businesses promote their employee-owned status. It's free to register and businesses that sign up will receive a window decal and the option to receive news about events and resources related to employee ownership in Massachusetts.
Advisory Board on Employee Ownership
The Advisory Board on Employee Ownership consists of 19 members with experience and expertise in employee-owned businesses that will advise MassCEO on issues and policy matters pertaining to employee involvement and ownership.
The Center for Employee Ownership is actively supporting businesses considering conversion to an employee ownership model. Please contact us for more information.
