Ownership Works

Ownership Works is thrilled to share its first Impact Report! Find the full report at bit.ly/437iT8p. We are proud to present this first view into how the #sharedownership movement has grown with the support of our partners and contributors.   Together, we are reimagining equity to build wealth for all.

Employee wellbeing among workers under 35 fell in 2023 – the first time in about five years, according to Gallup’s newly published State of the Global Workplace for 2024 report. This troubling downturn in #employeewellbeing has numerous consequences. For companies, low employee wellbeing is associated with higher rates of #turnover, absenteeism, and loss of #productivity. It also harms the health and happiness of workers in their personal lives.  Learn more about how Ownership Works helps organizations create work environments where employees feel more engaged, energized, and appreciated through #employeeownership: https://lnkd.in/dEZvTc_J. 

The team at Ownership Works plays a pivotal role in our mission to advance #sharedownership as the new norm at work. We invite you to learn more about the staff members who drive this work in our new “Behind Ownership Works” series. We’re kicking off this series with our Founding Executive Director, Anna-Lisa Miller. "Leading Ownership Works is the most rewarding job I’ve ever had," Miller said. "We couldn’t ask for a better Founder, Board, team, and consortium of partners. This is employee ownership’s moment, and it's an honor and privilege to do this work!” Meet the rest of the team at Ownership Works: https://lnkd.in/e2azUrbs. #BehindOwnershipWorks

Companies can potentially save more than $1 million a year in preventable accidents by reducing financial stress among their workforce, according to a 2019 study by the University of Pittsburgh. Professor Carrie Leana's study ­– which surveyed a group of over 1,000 short-haul drivers – found that companies could save millions more if there is even one injury or fatality among their preventable accidents. Read the full report: https://lnkd.in/gYbeGNzU. Learn how Ownership Works helps companies build more financially inclusive and resilient workforces through shared ownership programs: https://lnkd.in/dEZvTc_J.

What if every employee could directly share in the wealth creation they help drive? This transformative idea fuels Ownership Works, a nonprofit pioneering ethical leadership through broad-based employee stock ownership, as recently profiled on CBS’s 60 Minutes. Led by Council for Inclusive Capitalism member Peter Stavros, Ownership Works is restructuring businesses to integrate shared ownership, proving that a more equitable approach to capitalism is not only possible but beneficial for all. In the TED Talk shared below, Peter Stavros shares personal stories of his own journey, the profound impact of doing this work, and how business leaders can restructure their companies through this transformative model. Through ethical leadership, Stavros is helping companies realize the core promise of stakeholder capitalism—aligning employee, business, and societal interests rather than pitting them against each other. https://lnkd.in/d9SHikbn

Last week, Ownership Works’ Founding Executive Director, Anna-Lisa Miller, participated in a panel at Financial Health Network’s 2024 #EMERGE Conference in Chicago. The panel, “Making FinHealth the New Norm,” examined how emerging financial health solutions, like emergency savings and employee ownership models, are improving financial health in the workplace. Anna-Lisa Miller was joined by co-panelists Claire Chamberlain, Managing Director, Global Head of Social Impact at BlackRock, and Sarah Kalloch, Executive Director of Good Jobs Institute. The panel was moderated by Matthew Bahl, Vice President, Workplace Market Lead of Financial Health Network. Thank you to Financial Health Network for facilitating conversations about this incredibly important topic!

The Ownership Works team is growing! We have two exciting new open roles: ➡ Senior Director – Advancement The Senior Director, Advancement will be stepping into a well-resourced and well-run advancement operation with extraordinary potential. O.W. has regular engagements with and inquiries from CEOs and business leaders across the corporate sector. O.W. has many industry-leading champions and/or prospects already in our network seeking to get more involved. In addition, the nonprofit has not yet had the bandwidth to expand our foundation support despite demonstrated interest and alignment. Growing our Board giving and HNWI and foundation support will be key priority areas for this leader and the Advancement team over the next several years. Apply: https://lnkd.in/df7pMnuG.   ➡ Data Architect The Data Architect will be responsible for designing and building O.W.’s data architecture for data storage, transformation, and reporting. This will require developing new operating models, processes, and tools with a focus on effective management of our data assets. In addition, the Data Architect will analyze programmatic data and develop reports on results, as well as address ongoing enhancements to processes and tools.   Apply: https://lnkd.in/dPj34AK6.   Ownership Works is always looking for candidates who share our passion for #employeeownership. If you know someone who might be a good fit for either of these roles, please share these job listings within your network.    Find more opportunities at Ownership Works: https://lnkd.in/eBC32S8x.

Low engagement among employees is the norm – not the exception – for most companies. But KKR and Ownership Works are championing a powerful approach to attracting and retaining employees at all levels of the company: investing in #EmployeeEngagement and #OwnershipCulture through shared ownership.    While there is no rigid rulebook for creating an ownership culture, KKR has seen great outcomes follow from eight key practices, which they outline in their latest report, “Creating an Ownership Culture.”    Read the full report: https://lnkd.in/eTj7q2zF. #EmployeeOwnership

We are thrilled to welcome Dylan Brescia, CPA to Ownership Works as a Staff Accountant on our Finance & Operations team.   In his role, Dylan is responsible for maintaining accurate financial records, analyzing the organization's financial information, and supporting the finance team in various accounting activities.   Learn more about Dylan on our team page: https://lnkd.in/gC5awJH9.   #careers #hiring #OwnershipWorks

In her latest opinion piece in the Financial Times, Brooke Masters discusses how private equity is increasing the adoption of #employeeownership to create value during this period of higher interest rates. "Polls show that US employee engagement has stagnated after falling from early 2020 highs […] Profit sharing could help change that and harness positive energy. Who knows better than current workers where money is wasted, sales opportunities squandered or processes need improvement,” she writes. Read the full op-ed from the Financial Times: https://lnkd.in/gifMMwNV.