What Employees Need to Know

Becoming an employee-owner can deliver better pay, more job security, more input on how your company is run, and ultimately a more rewarding work experience. Even in companies that already treat their employees well, conversion to employee ownership can ensure that the central mission of the business is to benefit the people who work in it.
 
 
Potential Benefits

• Better pay and more opportunity to build wealth: Employee-owned companies often pay better upfront pay and create more ways to reap financial rewards when these firms grow and prosper. In an era when pensions are rare and many people have little saved for retirement, it is common to see employee-owners end their careers with six or seven figure retirement accounts.
• More job security: Employee-owned companies are often better than conventional firms at avoiding layoffs and finding ways to retain dedicated workers.
• More say in how the company is run: Most employee-owned companies provide some mechanism for employee-owners to provide input on how the company is run, from small day-to-day insights up to broad choices about how to grow and invest.
• More job satisfaction: Employee-owners generally report a higher level of satisfaction in their jobs than do workers more broadly. Small wonder as employee-owned companies often offer more ways to have input on daily operations, provide more training, and create more opportunities for career advancement.

Resources 
Click on links to view resources 

Becoming Employee Owned Handbook
Provides quick introduction to selling to employees through cooperative or ESOP model, benefits of each structure, and common time frame for executing the translation. 

Steps to Converting your Business 
A conversion road map laying out general stages of the process

Decision Tool 
​Outlines key decisions in the process, who makes each decision, and who advises decisions.