![]() ![]() “They won’t actually be creating an employee-owned company over the long term,” said Ian MacFarlane, president of EA Engineering, a 100 percent employee-owned firm. Will Ownership Works-with its watered down, short-lived equity for workers-take money away from more authentic employee ownership projects? That means “worker ownership” is likely to be short lived, raising concerns about the use of the term “employee ownership” to describe this initiative. Private equity funds generally sell their acquisitions in three to seven years. See Part 1, “ Can private equity be trusted to prioritize worker benefit?” And Part 2, “ If equity shares increase workers’ productivity, who benefits?” In this post, Marjorie Kelly and Karen Kahn conclude our discussion of Ownership Works and its impact on the movement for employee ownership. ![]()
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