It takes intention to design a workplace culture that fully leverages the strengths of employee ownership. In this event, panelists discuss the diverse ways that employee ownership can be realized for a business, including employee stock ownership plans, employee ownership trusts, worker-owned cooperatives, and equity compensation programs. Each holds different advantages and disadvantages, and they can differ in their profit sharing, costs, flexibility, and how workers are involved in decision making.
This piece reflects on the Aspen Institute Economic Opportunities Program’s event “Democratizing Work: The Role, Opportunities, and Challenges of Worker Cooperatives in the US,” which introduced the US movement for worker cooperatives and discussed their potnetial to improve job quality.
This piece from the Aspen Institute Economic Opportunities Program discusses how placing trust in workers is not just important for job quality but also improves business outcomes, as well as reflecting on the economy-wide implications of increasing trust in workers.
This article summarizes “The Rewards of Work: Lessons from the Fair Labor Standards Actt,” an Opportunity in America event EOP hosted in 2022 to explore the history of the FLSA and how it could be updated and strengthenedt to improve workers’ wages and working conditions.
This article summarizes “Worker Power and the National Labor Relations Act,” an Opportunity in America event EOP hosted in 2022 to explore how the NLRA could be updated and strengthenedt to support workers’ right to organize and join a union.
This article discusses the growing use of subcontracting work in the tech industry and the negative consequences this “fissuring” has had on job quality for workers.
In this event, panelists discuss the role that employers, workers, government, philanthropy, and others can play in shaping how workplace technology is developed and deployed. How does technology affect job design? How can investments in both workers and technology improve business performance and increase employee retention and engagement? How can workers be engaged to help shape how technology is used? And what can we learn from human-centered design?
This guide to conduct worker surveys posits amplifying worker voice as a viable business strategy. It was developed as part of the Economic Opportunities Program’s Reimagine Retail job quality research, in response to growing recognition of the importance of listening to workers. The tool for conducting worker surveys includes practical tips, sample opening survey language, and sample survey questions that address topics such as job satisfaction, growth opportunities, and workplace relationships and culture. This tool may be helpful for employers looking to use worker expertise and engagement to strengthen job quality, equity, and the business bottom line. Workforce development and worker advocacy organizations may also find it helpful to share these tools with employers in their networks.
This guide to conducting worker focus groups posits amplifying worker voice as an equitable solution for reducing turnover. It was developed as part of the Economic Opportunities Program’s Reimagine Retail job quality research, in response to growing recognition of the importance of listening to workers. The focus group guide delves into six topics related to highlighting worker voice, which include building the business case to employers, developing interview guides, what to do with your interview data, and pandemic considerations. This tool may be helpful for employers looking to use worker expertise and engagement to strengthen job quality, equity, and the business bottom line. Workforce development and worker advocacy organizations may also find it helpful to share these tools with employers in their networks.
This article investigates the impact of employee ownership on business and worker outcomes, including links to improved productivity, pay, job stability, and firm survival. The article dives further into the effects and causation relationship, as well as the challenges presented by employee ownership.