worker co-op
Staff-owned business model
A worker co-op is a business owned and democratically controlled by its employees rather than outside shareholders or investors.
Workers share in profits and participate in major decisions—often one member, one vote regardless of role or tenure.
She left her corporate job to join a worker co-op bakery.
Also called worker cooperative or worker-owned cooperative.
- collectiveJointly organized group
- shared ownershipJoint holding of property
- ownershipLegal right of possession
- democraticGovernment by the people
- solidarityUnity among allies
labor · collective bargaining · workplace · profit sharing · profit-sharing · member-owned · self-managed · mutualism · grassroots · fair trade · equity · partnership · autonomy · guild · commune · assembly · bylaws · stakeholder
- community groupscommune, kibbutz, collective, neighborhood association, homeowners association
- co-op termscredit union, shared ownership, membership, pooled resources, patronage
- co-opsco-ops, credit union, food co-ops, farmer cooperatives, REI
- cooperativescredit union, co-ops, cooperatives, credit unions, housing cooperatives
- Employee OwnershipESOP, stock options, equity stake, collective ownership, vesting
- shared ownershipco-ownership, shared ownership, community ownership, joint ownership, collective ownership
worker co-opprivately held company
Business without public shareholders
private equity firm · sweatshop · sole proprietorship · multinational corporation · plantation
worker co-opcorporate hierarchy
Organizational chain of command
top-down management · wage slavery · Fordism · Taylorism · absentee ownership
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