Employee-owned businesses in the U.S. pay 5 - 12% more in wages, have twice the retirement accounts, and are one-quarter as likely to be laid off.
ESOPs—a form of worker ownership—have also been gaining policy attention recently as a means of redressing wage inequality. According to the National Center for Employee Ownership (NCEO), there are approximately 7,000 ESOPs in the U.S., involving 14 million employees."
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