Sentences with phrase «worker ownership plans»

They argue cogently that worker ownership plans would tremendously increase our productivity and prosperity and can be brought about through methods that have already proven successful in a number of corporations.2 Additionally, they propose a number of other ways to distribute our wealth through innovative, capitalist methods.

Not exact matches

Aligning the work force with company goals, stated Gubman, «requires offering workers an employment relationship that motivates them to take ownership of the business plan.»

The airline plans to disperse a portion of the funds to employees as part of its worker - ownership program and put the remaining capital to work across its business.

W. L. Gore, the maker of Gore - Tex, and Publix Super Markets, which operates in the Southeast, are owned by employee stock ownership plans, wherein a workers» trust typically borrows money to buy shares that are paid out of company revenues.

Using credit to finance new ownership for ESOP workers can allow workers to accumulate capital wealth on top of their wages while still having access to diversified retirement plans that are funded through the firm's compensation budget.33

While it is sensible economics to interpret the positive link of employee stock ownership and profit sharing to company performance as reflecting worker responses to the incentives in the plans, it is possible that the positive relation comes from a very different causal link, in which higher - productivity companies introduce profit sharing or employee stock ownership plans for whatever reason.

(page 8) This should also include other forms of employee stock ownership such as broad - based restricted stock and stock option plans for entrepreneurial firms and worker cooperatives for smaller local firms.

This brief focuses principally on broad - based employee ownership plans that involve grants of equity to workers, as they have a larger capacity to broaden wealth.

There are large stock market companies like Procter & Gamble, which has had meaningful employee share ownership along with profit - sharing for more than a century, and Southwest Airlines, which has both employee share ownership and an annual cash profit sharing plan that in 2015 paid $ 620 million in profits to all employees, adding 15 % on top of their wages and salaries.4 Divisions of stock market companies are sometimes spun off and sold to workers through ESOPs: the 100 % employee - owned Scot Forge in Clinton, Wisconsin, and the 100 % employee - owned Houchens in Bowling Green, Kentucky, are examples.

Kelso's idea and Long's legislation directly addressed the key issue of risk of earlier employee share ownership plans in the 1920s where workers bought the stock with their wages and savings.

Employee stock ownership where workers have to buy the stock with their savings in 401 (k) plans may not have these effects.

We therefore endorse employee stock ownership plans that enable workers to become capitalists, expand the realm of private property, and energize a free enterprise economy.

We refer to true worker ownership with advise and consent powers, not the pseudo-ownership plans sometimes used to facilitate management buy - outs of corporations.

Beyond the financial sector, we've seen the success of generative design in the fact that workers at firms with employee stock ownership plans in the U.S. enjoy 2.5 times the retirement assets of comparable employees at other firms.

U.S. Sen. Kirsten Gillibrand will visit Niagara Gear, which has an employee stock ownership plan, on Monday to get feedback from workers as she pushes national legislation to support such plans around the country.

Gillibrand's office, citing data from the National Center on Employee Ownership, said workers in ESOPs are paid 5 to 12 percent more, are less likely to be laid off, and have 2.5 times more retirement savings than workers not in such plans.

Today, the company occupies a 27,000 - square - foot facility in Long Island City, with 42 workers enlisted in an employee stock - ownership plan.