Author
Ron Wirtz
Editor, fedgazette
Employee Ownership - In Brief
- An estimated 20 percent or more of private U.S. workforce members
hold some form of direct ownership in the company they work for. Even
more receive additional compensation based on company performance.
- Despite this penetration, as well as data suggesting strong
economic performance, the concept has low visibility with the public,
business press and academia, stemming in part from a lack of
empirical research. Moreover, economic theorists question whether
employee ownership would be as prevalent or successful without the
tax advantages it currently receives.
- Ongoing research will permit better understanding of the effects of
employee ownership on workers, firms and the broader economy.
Employee Ownership [complete article]
Ron Wirtz
Editor, fedgazette
Ron Wirtz is a Minneapolis Fed regional outreach director. Ron tracks current business conditions, with a focus on employment and wages, construction, real estate, consumer spending, and tourism. In this role, he networks with businesses in the Bank’s six-state region and gives frequent speeches on economic conditions. Follow him on Twitter @RonWirtz.
