Aspen is a place for leaders to lift their sights above the possessions which possess them. To confront their own nature as human beings, to regain control over their own humanity by becoming more self-aware, more self-correcting, and hence more self-fulfilling.
Background Information on Employee Share Ownership
May 8, 2018
Economic Opportunities Program, and Financial Security Program
In our discussion, Having a Stake: The Potential of Employee Share Ownership for Workers and Businesses, panelists consider how strategies that transform workers into owners have the potential to give working people a stake in our growing economy and include them in the nation’s prosperity. With employee share ownership strategies, employees may hold a majority or a minority of shares as participants in an Employee Stock Ownership Plan (ESOP), be members of a worker cooperative, or have a meaningful stake in a public company or start-up through a variety of forms of equity participation. Here we present some background information to inform the discussion.
Firms differ in how equity or profit is allocated, how long the ownership structure is intended to last, and how workers participate in governance and the workplace, all of which affect how workers experience ownership.
Though Black Americans have experienced greater economic opportunities, many still face wealth loss. This report examines historical events and current trends to develop broad estimates of the amount of Black-owned assets at risk in home equity, retirement savings, and wealth held in businesses they own.
As part of our essential wealth metric project, Aspen FSP has collaborated closely with our partners at Gary Community Ventures to look specifically at the wealth of Coloradans.
