"Worker co-ops have become more popular in recent years, with the number of worker co-operatives tripling in the past decade. The USA is home to over 750 worker co-ops which generated over $483m in annual revenues in 2023. According to the report, these co-ops show high rates of ethnic, racial and gender diversity and have a 1:1.45 pay ratio between lowest and highest earning workers, compared to 1:344 in large US corporations." https://lnkd.in/gQyhAaaE #WorkerCoops #EmployeeOwnership #Cooperatives
