Employee Ownership: Reducing Inequality and Building Assets

Owners at Work

We hear a lot about the the rising level of economic inequality in our society, the increasingly precarious nature of employment, and the difficulties of saving for retirement. What we hear about much less is the how employee owned firms, in particular companies with Employee Stock Ownership Plans, can help address these an many other issues by helping workers build wealth - broadly defined. In this episode we sit down with two senior researchers, Janet Boguslaw and Lisa Schur, and talk about a they co-authored that focuses on these questions. We discuss in detail how employee ownership can help low and moderate income employees build assets as well as recommendations they have to expand the sector and spread the benefits of employee ownership to a larger share of workers.

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LINK TO REPORT

This report discussed in this episode was made possible by the generous support of the Kellogg Foundation. Follow the link below to learn more and access the report: https://smlr.rutgers.edu/sites/default/files/rutgerskelloggreport_april2019.pdf

GUEST INFO

• Lisa Schur: https://smlr.rutgers.edu/faculty-staff/lisa-schur
• Janet Boguslaw: https://www.brandeis.edu/facultyguide/person.html?emplid=618c696e80b167f775d26cef40323f5cb830910c