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Why the U.S. Needs More Worker-Owned Companies

Harvard Business

And some companies with employee majority-owned stock programs, such as Publix Super Markets and outerwear maker W.L. And companion bills developed to enable the U.S. Some businesses with employee stock ownership plans (ESOPs) are converting into structures that more closely resemble worker co-ops. ” The company maintained the tax advantages of an ESOP, but distributed the shares in a way that would give employees with lower salaries greater voting power.

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Huawei: A Case Study of When Profit Sharing Works

Harvard Business Review

But how feasible are these plans at large, global organizations?There It is the only Chinese company that receives more sales revenue from markets outside China (67%) than from inside it. isn’t one of those markets. At Huawei’s inception, Zhengfei designed the Employee Stock Ownership Plan (ESOP). The structure of the ESOP is based on two important premises. Huawei’s ESOP can satisfy both human needs.

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