Pennsylvania Center for Employee Ownership

Employee ownership is a tool for community reinvestment, and in this article by Local Initiatives Support Corporation, the varied benefits of EO on low-income communities are explored. To read the full article about how employee ownership can create wealth equality for low-income communities, click the link below.

Not only does employee ownership narrow the overall wealth gap, it can even diminish the gender and racial wealth gaps that exist across the country as well. In a study performed by Rutgers, it was determined that employee ownership can have "...Particular benefits for low-income women and people of color, who are often marginalized at the bottom of workplace organizations." To read the full article and learn more about how employee ownership benefits marginalized communities, click the link below.

Lisa Gomez, the Assistant Secretary for Employee Benefits Security with the Department of Labor, recently published a piece on employee ownership and its positive impacts that she's seen firsthand. She is also encouraging employee-owners to share feedback about resources the DoL can provide and how state and federal level government can help employee ownership to grow and thrive across the country. To share your feedback, please email [email protected] and to read the full piece by Lisa Gomez, click the link below.

Did you know that employee ownership creates wealth building opportunities for marginalized communities? This article by the UK Employee Ownership Association discusses how the LGBTQIA+ community can vastly benefit from working for an employee-owned company, both socially and financially. To read the full article, click the link below.

The NCEO has a number of useful resources on all forms of employee ownership, particularly ESOPs. One subsection of their resources is visuals and infographics. These infographics are an easy way to communicate and understand employee ownership and its benefits! To view or download these visuals, click the link below.

Employee ownership is beginning to gain more and more recognition across the country. Forbes recently published an article called "Employee Ownership Gains Big Momentum", detailing the increasing trend of employee ownership across the nation. To read the full article about how and why employee ownership is growing in popularity, click the link below.

Did you know October is widely regarded as Employee Ownership Month? October is a perfect month to celebrate the widespread benefits that employee ownership provides, contact your elected officials to raise awareness about employee ownership, and establish new traditions in your employee owned business! To learn more about Employee Ownership Month and its origins, click the link below.

On September 10th, the Pittsburgh Citywide Task Force on Employee Ownership- the nation's first task force on employee ownership- held their closing meeting. The group began meeting in 2019 and in September of 2023, the task force was launched. Over 30,000 business owners in the Pittsburgh region learned about what employee ownership is through this effort. Despite this chapter of the task force coming to an end, the PaCEO and their partners are determined to continue the work in Pittsburgh and across the Commonwealth.

Your legacy matters- don't sell your company for parts. To learn more about employee ownership, visit OwnershipPennsylvania.org.