Why the U.S. Needs More Worker-Owned Companies
AUGUST 8, 2018
And some companies with employee majority-owned stock programs, such as Publix Super Markets and outerwear maker W.L. 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. Klaus Meinhardt/Getty Images.