In today’s turbulent business environment, a new deal needs to be struck between management and employees in the workplace. The old contract, which promised employees security and a decent wage in exchange for dedicated service and loyalty totestimonial_sidebar.gif the company, is now dead. Yet every company needs to meet the pressing challenges of remaining competitive and profitable.

Enter the employee ownership option. At a time when employers are searching for new and innovative ways to motivate and retain key talent, employee ownership plans are proving to be powerful retention and reward strategies. These plans can have a profound positive impact on a company’s profitability, revenue growth, and continued productivity.

Despite the win-win result of corporate financial success and higher compensation for employees promised by employee ownership, for many companies the concept still generates anxiety and challenging questions: Can it really work? Isn’t it hopelessly idealistic? Can employees be entrepreneurial? Do the employees make any money?

In Employee Ownership: The New Source of Competitive Advantage, authors Carol Beatty and Harvey Schachter provide frank answers to these and many other questions. Based on a seven-year study that focused on ten companies, Employee Ownership is a thought-provoking resource that presents the realities of the employee-ownership model in action. It is a vital roadmap for those on the journey to successful employee ownership and adoption and implementation:

– It presents case studies covering a wide-range of business types including large and small companies, start-ups, spin-offs, privatizations, and those with threatened closures.

– It traces the challenges and triumphs of employee ownership experienced by both managers and employees from various industries including steelworkers, paperworkers, brewery workers, geologists, computer engineers, and high-tech manufacturing employees.

– It includes detailed analysis of the companies studied and the lessons each of them teaches about employee ownership.
It features an appendix with a legislative history of employee ownership and what other studies have revealed.