Ownership Works is thrilled to share its first Impact Report!?Find the full report at?bit.ly/437iT8p. We are proud to present?this first view into?how the #sharedownership movement has grown with the support of our partners and contributors.?? Together, we are reimagining equity to build wealth for all.
Ownership Works
民间和社会团体
New York,New York 10,229 位关注者
Reimagining equity to build wealth for all.
关于我们
Ownership Works is a new nonprofit organization that partners with companies and investors to provide all employees with the opportunity to build wealth at work. Through partnerships, network-building, education, data, and storytelling, we’re?inspiring a groundswell of interest among business leaders and investors to provide all employees with the opportunity to participate in the value they help create. Ownership Works brings together an unprecedented consortium of corporations, foundations, investors, labor advocates and pension funds that recognize the power of employee ownership to unlock new levels of success for companies while creating a pathway to wealth creation for workers. Through movement building and hands-on guidance, Ownership Works envisions a future in which broad-based employee ownership is the new norm at work. At scale, we believe employee ownership can help millions of lower-income workers and people of color build savings and wealth, often for the first time, at businesses that are more dynamic, resilient, and successful. In 2024, Ownership Works was certified as a Great Place To Work!
- 网站
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https://ownershipworks.org
Ownership Works的外部链接
- 所属行业
- 民间和社会团体
- 规模
- 11-50 人
- 总部
- New York,New York
- 类型
- 非营利机构
- 创立
- 2021
地点
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主要
US,New York,New York
Ownership Works员工
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Gaye van den Hombergh
Shared Ownership Advocate; Culture Management Expert; Senior Advisor; ESOP Board Director; past President and Non-Profit Board Director; former CEO…
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David MacKinnon
Senior Director, Ownership Works
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Leela Ramnath
Global Head of Sustainability Strategy at Warburg Pincus
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Peter Stavros
Co-Head of Global Private Equity at KKR; Employee Ownership Advocate
动态
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Through #employeeownership, we celebrate workers. We honor their hard work and acknowledge their accomplishments. Now, we're sharing their voices with you. Continuing our #VoicesOfOwnership series as part of #EmployeeOwnershipMonth, we encourage you to read more testimonials from employee-owners who describe the significant impact that becoming an owner has had on their lives. #EmployeeVoices #OwnershipWorks
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Every October, we commemorate #EmployeeOwnershipMonth by celebrating the impact of the employee ownership movement. But what exactly is employee ownership? "Employee ownership" is a term for any arrangement in which a company’s employees own shares in their company or the right to the value of shares in their company, according to The National Center for Employee Ownership (NCEO). Employee ownership is a broad concept that can take many forms, ranging from #stockoptions, stock grants, synthetic equity (granting the right to the value of shares but not the shares themselves), #ESOPs, worker cooperatives, and employee ownership trusts. What does #employeeownership mean to you? Let us know in the comments below! Learn more about Ownership Works' mission to advance the employee ownership movement: https://lnkd.in/emngfabX.
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We are thrilled to welcome Sofia Soto to Ownership Works as a Principal on the Client Advisory Services team. In her role, Sofia is responsible for designing employee journeys to drive a culture of ownership, particularly within frontline workforces. Learn more about Sofia on our team page: https://lnkd.in/gC5awJH9. #careers #hiring #OwnershipWorks
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What does it mean for a company to embody a culture of #ownership? What does it look like when employees at all levels of an organization feel like owners in their company? Ownership Works will share a video each month highlighting a company’s journey to develop an ownership culture and how #employeeownership transformed the organization. Today, we spotlight Ingersoll Rand, an American multinational company that provides flow creation and industrial products. Watch more videos on the #sharedownership movement: https://lnkd.in/erMi9Hvj. #workculture #employeeowners
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Today marks the start of #EmployeeOwnershipMonth, an opportunity to celebrate and recognize the many ways that employee ownership is positively impacting businesses, communities, and the lives of workers across the nation. Broad-based employee ownership can be transformative for companies and life-changing for workers. It’s smarter business, and it’s the right thing to do. As part of Employee Ownership Month, we are launching our #VoicesOfOwnership series to share the voices of workers describing the significant impact that becoming an employee-owner has had on their lives. #EmployeeVoices #OwnershipWorks
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To grow the #sharedownership movement, we need the voices of leaders who have witnessed the powerful effects of employee ownership on companies and employees. Last week, Charter Next Generation CEO Kathy Bolhous?highlighted Ownership Works —?and the impacts of employee ownership at her company —?at The Executives' Club of Chicago's Workforce Development Summit. ? The event was a gathering of executives dedicated to exchanging?strategies, including #employeeownership, that prepare workforces for future challenges and foster resilience and economic mobility. ? Ownership Works is grateful to partners like Kathy who help us advance the shared ownership movement!
At today’s Workforce Development Summit, industry experts shared insights on adapting to technological advancements and changing economic landscapes to both equip employers for success and provide employees with the skills and support they need to thrive. Key takeaways: * Workforce development programs are win-win-win propositions: for employers, for individuals, and for entire communities. * A movement toward sharing corporate ownership, and creating an ownership culture, is occurring within the private equity world. If companies make their “pies” bigger no one is getting less. The goal is to create a bigger pie so that everyone can have a piece of it. * Technology is changing rapidly, and more and more jobs will continue to be automated. But job growth created by technology will continue to outpace job losses. * Chicago businesses need to leverage the existing workforce ecosystem within our city. Companies are missing out on top talent because they are not tapping into resources that already exist within overlooked neighborhoods on the South and West sides. Thank you to Kristen Broady, Ph.D. (Senior Economist, Economic Advisor & Director of the Economic Mobility Project, Federal Reserve Bank of Chicago), Rob McGhee (Senior Vice President, Community Impact Territory Manager, Fifth Third Bank), Kathy Bolhous (CEO, Charter Next Generation), Molly Oelerich (Senior Vice President, Fifth Third Bank), Juatise Gathings (Co-Founder, Just Act Partners), Matt Johanson (Co-Founder, Just Act Partners), Ruben Abarca (Head of Partnerships, Discovery Partners Institute), Dani Houchin (Executive Director and Trustee, Origami Works Foundation), Tom Vranas (Chief of Staff, Innovation and People, Zentro Internet), Will Irvin (Director of Career Readiness and Postsecondary Success, Youth Guidance), Paul Thompson (Chief Economic Empowerment Officer, YWCA Metropolitan Chicago), Pamela Williams (Managing Director, CBO Collective) and Nicole R Robinson (CEO, YWCA Metropolitan Chicago). Thank you Fifth Third Bank for your partnership and invaluable support at today’s summit. Explore Upcoming Exec Club Events: https://bit.ly/3WQrHhh #WhereTheFutureMeets #ExecClub #FutureOfWork #Innovation #WorkforceDevelopment #Talent #HR
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Ownership Works is thrilled to celebrate this major news: KKR’s sale of GeoStabilization International? to Leonard Green & Partners (LGP), one of our Founding Partners! As part of this sale, all of GeoStabilization International?'s 900+ employees will receive cash payouts, with the most tenured employees earning as much as $325k. Check out this must-watch clip from CNBC, which shows employees at GeoStabilization International? receiving this life-changing news: https://lnkd.in/eUNfQapB. #OwnershipWorks!
These days are the most fun of my career. Today we announced the sale of GeoStabilization International? to Leonard Green & Partners (LGP). Front-line construction workers who have been with us since at least December of 2021 earned an average of $145k and our most tenured folks made $325k. And KKR's investors made 5x their money. And here's the best part -- Leonard Green, a founding member of Ownership Works, is replicating the program so we can do it all again. Thanks to Leslie Picker and CNBC for covering the story live in Denver this afternoon and for the great conversation about #ESOPs and the new coalition at Expanding ESOPs. https://lnkd.in/dsV9NrRs
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The team at Ownership Works plays a pivotal role in our mission to advance #sharedownership as the new norm at work. We invite you to learn more about the staff who drive this work in our ongoing “Behind Ownership Works” series. Today, we’re featuring one of Ownership Works’ very first employees: Associate Director of Advancement & Partnerships, Michael McHugh! Michael has been instrumental in securing the resources and activating the partners needed for O.W. to bring shared ownership to scale.? “As a start-up, our work isn't easy. It requires inventiveness, humility, and relentless dedication,” Michael said. “Sometimes, there aren't clear answers; only courageous first attempts to address complex problems. That's why we're building the very best team and asking all our supporters to act and lead with us.” Meet the rest of the team at Ownership Works: https://lnkd.in/gC5awJH9. #BehindOwnershipWorks?
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The vast majority of Americans believe that the nation is facing a retirement crisis, according to a 2024 survey on Americans’ views of retirement by the National Institute on Retirement Security. The survey also found that more than half of Americans are concerned that they cannot achieve #financialsecurity in retirement. These sentiments indicate that, for far too many Americans, the promise of a dignified #retirement is slipping out of reach. Read the full report: https://lnkd.in/eAzv56zB. Ownership Works helps companies bridge gaps in employees’ access to financial education and financial services, ensuring workers have the necessary resources to achieve financial stability and build the foundation for a secure and dignified retirement. Learn how Ownership Works helps companies build more financially inclusive and resilient workforces through #sharedownership programs: https://lnkd.in/dEZvTc_J. #OwnershipWorks