Why the U.S. Needs More Worker-Owned Companies
AUGUST 8, 2018
Third, as a result of strong performances by worker- and employee-owned companies, it is becoming easier for workers to overcome arguably the biggest hurdle to worker buyouts: financing. That’s because a growing number of funders, both social impact funds and traditional institutions, are interested in financing workers’ takeover of a company. And companion bills developed to enable the U.S. ESOPs typically allocate shares to employees in proportion to their pay.