June 15, 2011 | Employee Ownership: The various structures and benefits
Every time a person buys a cup of Starbucks coffee, a pound of coffee at Whole Foods Market or flies on Southwest Airlines, they are engaging with an Employee Ownership (EO) company. The goal of such plans is to give all or a significant number of employees some skin in the game, knowing that if the company performs well, they will benefit. When organizations set up EO programs, they are looking to increase profits, productivity, attract talent and boost morale.