Worker cooperatives are businesses owned and operated by the people who work there. In this model, each worker has a say in decision-making and shares in the profits. This structure promotes fairness and collaboration, as everyone is invested in the success of the cooperative.
In a worker cooperative, members often vote on important issues, such as how to allocate resources or set wages. This democratic approach can lead to a more motivated workforce and a stronger sense of community. Examples of successful worker cooperatives include Mondragon Corporation in Spain and Cooperative Home Care Associates in the United States.