State centers of employee ownership work to promote employee ownership and educate business owners and workers about the different avenues of employee ownership available. In this brief, the Aspen Institute Economic Program discusses the strategies and practices implemented by Colorado’s Employee Ownership Office to better understand how employee ownership can be supported and grown at the state level. This profile is a useful resource to inform other state centers’ practices and the government’s role in supporting state centers, particularly as more centers emerge through funding provided by the recently passed Worker Ownership, Readiness, and Knowledge (WORK) Act.

This piece reflects on the Aspen Institute Economic Opportunities Program’s event “Economics Reimagined: A Discussion on Building a Human Rights Economy,” which discussed how to build an economic system that values and centers the well being of people.

This piece reflects on the Aspen Institute Economic Opportunities Program’s event “The Promise of Guaranteed Income: A New Tool to Improve Jobs and Empower Workers,” which introduced the Institute’s recent work on the subject and highlighted how guaranteed income can play a vital role in helping people gain economic security and stability.

HCAP Partners – a fund providing debt and equity growth capital to lower-middle market companies – has developed this operational impact approach to assess job quality standards and improvements in portfolio companies through a quantitative measurement system. HCAP has identified five key attributes of job quality that fall within the categories of economic opportunity and health and wellness. HCAP engages with businesses to collect data, develop a baseline assessment, and build a strategic roadmap to implement and improve workplace initiatives for creating and maintaining high quality jobs. While this bespoke measurement system is designed to meet HCAP’s needs, other investors, lenders, and practitioners who work with businesses to improve job quality may find HCAP’s job quality definition and measurement framework useful in developing their own tools.

At the inaugural Employee Ownership Ideas Forum, leading policymakers, practitioners, experts, and the media convened for a robust discussion on how we can grow employee ownership for the shared benefit of American workers and businesses.

The Roadmap for Investing in Good Jobs is a guide developed by the U.S. Department of Labor to help governments—at the federal, state, local, tribal, and territorial levels—leverage the Biden administration’s Investing in America agenda (including BIL, CHIPS, and IRA) to create high-quality, good-paying, union jobs. This resource provides recommended language to embed in grants, loans, and contracts, which outlines requirements, preferences, and encouraging job quality practices in projects. While created for the Investing in America initative, this language in applicable beyond these projects and provides a tangible guide for employers and other organizations aiming to embed job quality more formally in their project documentation and contracts.

The Roadmap is organized around key elements of job quality and worker empowerment, such as mandating and incentivizing fair pay (e.g., prevailing wages and pay equity audits), committing to worker rights protections (like project labor agreements and union neutrality agreements), promoting skills and career advancement through proven models like registered apprenticeship programs, providing family-sustaining benefits (like paid leave and health insurance), adopting DEIA workforce plans to promote opportunities for underserved communities, and safeguarding job security and working conditions by combating worker misclassification and establishing joint labor-management safety and health committees.

This is part of a collection of resources created by the Department of Labor and other federal agencies, relating to job quality and implementing good jobs priorities through federal investments and beyond. Many of these resources are no longer publicly available on government websites, though they were all at one point public and shared with the intent of preserving these resources for public use.

Please note that we cannot guarantee that information contained in these resources related to specific programs, policies, and processes remains accurate, though many best practices and examples remain useful. In addition, many of these resources link out to government websites that do not exist anymore. You may be able to find these linked resources in the archive itself by searching the Overview document. For more resources, please visit the Data Rescue Project website, at https://www.datarescueproject.org/

In this event, Zeynep Ton, author of “The Case for Good Jobs: How Great Companies Bring Dignity, Pay, and Meaning to Everyone’s Work,” discusses the components of a “good jobs” system, which ensures a living wage, dignity, and opportunities for growth to employees, and helps to foster shared success for both workers and organizations. Ton — a professor at MIT’s Sloan School of Management and president and co-founder of the Good Jobs Institute — explores the benefits of this approach; the disadvantages of low-paying and high-turnover jobs; how labor investments can pay for themselves; the obstacles to creating a good jobs system; and how leaders can break free and overcome these challenges to create good jobs.

In this event, panelist discuss how employee stock ownership plans (ESOPs) can improve job quality, reduce wealth inequality, and strengthen our economy. They highlight how the coming “silver tsunami” of retiring business owners represents a once-in-a-generation opportunity to grow the number the ESOPs. And they explore the policies, supports, and assistance that businesses — including publicly traded companies — need for ESOP conversion.

In this event, Rick Wartzman, author of “Still Broke: Walmart’s Remarkable Transformation and the Limits of Socially Conscious Capitalism,” considers the experience and history of Walmart moving toward a more conscious capitalism and the recent efforts the company has made to provide higher wages and better benefits and opportunities for its employees. Wartzman raises important questions about how much an individual company can do on its own to improve the quality of jobs and people’s ability to earn a living through their work; the degree to which business imperatives encourage companies to improve jobs and when those incentives conflict with that goal; and whether public sector action, through either labor market regulation or the provision of social supports, needs to be strengthened to ensure that work in today’s economy is contributing to an inclusive economy in which all can thrive.

In this event, panelists discuss the possible impact of guaranteed income on the labor market and especially on the quality of jobs. This bipartisan idea — which has roots in the nation’s founding, the New Deal, the Nixon Administration, and the Civil Rights Movement — is gaining momentum and is now being piloted in more than 100 demonstration sites across the US. How might the security of a guaranteed income provide workers agency, strengthen competition, and raise the floor for all?