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.
Many employee-owned companies strive for a culture of ownership, giving workers not just a share of the profits, but a hand in decision making.
Consequently, these companies often have greater resilience, employee productivity, and job quality than traditionally owned ones. It’s no surprise, then, that nearly three in four Americans would opt to work at an employee-owned company if they were given the choice. But growth in employee ownership has plateaued in recent years. The Worker Ownership, Readiness, and Knowledge Act, passed in 2022, legislated funding for states to establish centers to promote employee ownership.
For more than two decades, the Vermont Employee Ownership Center (VEOC) has worked to raise awareness and grow employee ownership in the state, including by providing technical and financial assistance to firms looking to transfer ownership to their workers. Vermont is home to several notable employee-owned companies, like Gardener’s Supply Company and King Arthur Flour, boasting one of the highest rates of employee ownership in the country, and the benefits of this shared prosperity are measurable. The state’s 55 employee-owned companies tend to have higher employee retention rates and narrower pay gaps between leadership and workers when compared to conventionally owned companies. And Vermont’s employee-owned companies report that employee ownership has improved their resiliency. The history of employee ownership in Vermont and the work of VEOC provide useful guidance and insight to those seeking to grow employee ownership and develop new state centers.
The Aspen Institute Economic Opportunities Program advances strategies, policies, and ideas to help low- and moderate-income people thrive in a changing economy.
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Economic security shouldn’t be a lottery. Yet for millions of working families, stagnant wages and precarious jobs collide with the daily grind of managing money on shaky ground — leaving stability feeling less like a plan and more like a gamble. Fixing that takes more than one lever. It takes structural reform and the tools people need to take control of their financial lives, working together.
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.
This resource is designed to help colleges and universities become more employer-friendly and build the kind of institutional capacity that sustains and grows partnerships while simultaneously better serving working learners. It offers role-specific guidance for leaders across the institution, a self-assessment spanning five domains of practice, and a process for turning results into action, grounded in the conviction that institution/employer partnerships can become easier without compromising academic missions.
Bridge, Propel, and Career Academy are built on a practical philosophy: that MillerKnoll has great talent already inside the organization. Finding that talent, developing it, and aligning it to the right opportunities is key to its success. T
States invest in work-connected learning through dozens of distinct funding streams, grant programs, and agency initiatives, often developed independently over time by different administrations and agencies pursuing different goals.
