One powerful way to make jobs better is by turning workers into owners. This is not a new idea, but worker ownership is typically associated with small worker cooperatives. Ownership Works is a nonprofit pioneering a new model that works for large firms and has led to impressive increases in wages, engagement, retention, and other measures of job quality. It's also a model that works for investors, since the productivity gains associated with job quality improvements can more than account for the substantial amount that workers earn through their ownership stake.
Join us for a conversation with Michael McHugh and Alex Kaufman of Ownership Works to learn more. Our hope is that, regardless of how many companies in your region adopt shared ownership in the near-term, this conversation will give you new insights and evidence to make the business case for investments in job quality and worker empowerment.
For more background, see:
WSJ story announcing the launch of Ownership Works
Ownership works annual report
60 Minutes story
Information on different forms of employee ownership