Employee ownership: Leading Practices

1–6 of 6 Leading Practices

A program by Delta Pipeline that transitioned to 100% employee ownership through an Employee Stock Ownership Plan (ESOP). By offering profit-sharing, career growth and a vested interest in the company's success, Delta Pipeline empowers employees at all levels, creating a collaborative environment where everyone is a valued partner.

Levers: Empowerment
Principles: Voice and Representation
Strategy: Employee ownership models

Tucson, Arizona used American Rescue Plan funds for a study on small business retention risks and offered technical assistance to assess feasibility and implement employee ownership transitions.

Levers: Empowerment
Principles: Environment and Culture
Strategy: Employee ownership models

A practice of using federal funds to subsidize costs for retiring business owners to sell to employees, focusing on equity by targeting industries with a majority Black and Latinx workforce.

Levers: Empowerment
Principles: Environment and Culture, Voice and Representation
Strategy: Employee ownership models

A municipal initiative for education and technical assistance around employee ownership and conversion. Business owners can access $10,000 of technical assistance services, utilize the Owners2Owners hotline and have targeted financing and grant opportunities for worker cooperatives.

Levers: Empowerment
Principles: Learning and Development, Voice and Representation
Strategy: Employee ownership models

A loan fund policy to support converting businesses to employee-owned structures, emphasizing worker cooperatives in community development.

Levers: Empowerment
Principles: Environment and Culture, Voice and Representation
Strategy: Employee ownership models

A statewide Office of Employee Ownership to increase the number of employee-owned companies in the state by administering a statewide tax credit (HB-21-1311) for employee-owned companies. It provides grants for feasibility studies and technical assistance to help owners sell to their employees and educates businesses.

Levers: Education and Enforcement
Principles: Environment and Culture