Employee Ownership refers to a business model where employees hold a significant stake in the company, often through shares or stock options. This arrangement allows workers to have a direct financial interest in the company's success, which can lead to increased motivation and productivity.
In many cases, Employee Ownership can take the form of an Employee Stock Ownership Plan (ESOP), where a trust holds shares for employees. This model not only promotes a sense of belonging and commitment among staff but can also enhance company performance and stability over time.