employee-owned business


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Related to employee-owned business: employee stock ownership plan
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Synonyms for employee-owned business

a commercial enterprise owned by the people who work for it

References in periodicals archive ?
1994): In Lane Processing Trust, an employee-owned business sold assets, and the proceeds were distributed to the employee-owners.
This kind of transfer of shares will effectively transform a company into an employee-owned business.
Andrew has gained invaluable experience of working in an employee-owned business after Sutcliffe Play underwent this process in 2010.
Expert Laser Services, which has been in business for 23 years, is an employee-owned business that has 20 employees at its current location at 1 North St.
In fact, the faculty could take the university private and run it like an employee-owned business (I strongly suspect the faculty could run it better than the current administration).
As an employee-owned business, Nelco Products provides personalized customer service with trained product specialists available to assist customers.
A few years ago, Alaska Mining and Diving Supply underwent a major conversion: It became a 100 percent employee-owned business.
It has been an employee-owned business since 2006, when it adopted a 100% Employee Stock Ownership Plan (ESOP).
In other near-deal, the family that owns The Gazette of Cedar Rapids, Iowa, said late last month that it is "exploring" shifting the company to a 100-percent employee-owned business.
Giving employees a stake in a company creates a sense of organisational purpose that is greater than merely financial purpose, says William Davies, academic director of the Centre for Mutual and Employee-owned Business at Kellogg College, Oxford University, in the UK.
Publix is the largest employee-owned business in the country with more than 860 pharmacies in five states.
A spokesman from the John Lewis store in Cardiff said: "As Britain's largest employee-owned business we believe that employee ownership has the potential to empower frontline workers to achieve a high level of customer service.
Although it is possible to build an employee-owned business in the UAE, the sponsorship model, the majority expat population, the transient nature of the work force, and company law requirements create an environment in which employee-owned businesses are more challenging to build and run," Dr Armen V Papazian, financial economist and CEO of Keipr, a consulting firm that specialises in business analytics and intelligence told the paper.
Carole Leslie is the managing partner of the Baxendale Partnership, a business that helps any company interested in becoming an employee-owned business achieve that aim.
While some of the individuals have indicated an interest in Neolait becoming an employee-owned business, Provimi has responded that the company does not intend to sell Neolait.
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