Today marks an exciting moment in the world of employee ownership with the announcement of the Expanding ESOPs campaign. As proud members of this coalition, Project Equity is thrilled to see national efforts to grow employee ownership across the country. We believe that employee ownership provides unparalleled benefits—not just for businesses, but for employees and entire communities.
ESOPs (Employee Stock Ownership Plans) have played an outsized role in expanding employee ownership’s reach, particularly in larger companies. Their proven success shows just how powerful the model can be in fostering shared prosperity. However, at Project Equity, we also recognize that ESOPs aren’t the only pathway to employee ownership.
That’s why we advocate for all forms of broad-based employee ownership. From worker cooperatives to Employee Ownership Trusts, the benefits of employee ownership extend beyond just one model. It’s a framework that works from Wall Street to Main Street, in businesses of all sizes and across all industries.
Our commitment to expanding employee ownership is why we’re not only part of the Expanding ESOPs campaign but also a governing partner of EO Equals, a national campaign that raises awareness for employee ownership in all of its forms. We believe that everyone should have access to tools that can build stronger, more resilient businesses through shared ownership.
Together, with our coalition partners, we’re working to create a future where employee ownership is the norm, not the exception. Let’s continue to push for policies and awareness that give more businesses and employees the opportunity to share in the wealth they help create.