Employee-owned Businesses Thriving in Vermont

"There are about 40 employee-owned businesses in Vermont and about 10,000 nationwide. Supporters of the concept say they are better places to work that pay their people more money.  Jon Crystal of the Vermont Employee Ownership Center and Cindy Turcot of Gardener's Supply Company, which is an employee-owned business, appeared on The :30 to discuss the subject.  Crystal explained that the most common employee-owned businesses consist of either a worker cooperative, which typically is smaller companies, or an employee stock ownership plan, which is by far the most common type of employee ownership in Vermont and nationally."

WCAX runs a segment on employee-owned businesses.

Tags: