Definitions for employee-owned business
em·ployee-owned busi·ness

Princeton's WordNetRate this definition:0.0 / 0 votes

1. employee-owned enterprise, employee-owned businessnoun

   a commercial enterprise owned by the people who work for it

WikipediaRate this definition:0.0 / 0 votes

1. employee-owned business

   Employee stock ownership, or employee share ownership, is where a company's employees own shares in that company (or in the parent company of a group of companies). US employees typically acquire shares through a share option plan. In the UK, Employee Share Purchase Plans are common, wherein deductions are made from an employee's salary to purchase shares over time. In Australia it is common to have all employee plans that provide employees with $1,000 worth of shares on a tax free basis. Such plans may be selective or all-employee plans. Selective plans are typically only made available to senior executives. All-employee plans offer participation to all employees (subject to certain qualifying conditions such as a minimum length of service). Most corporations use stock ownership plans as a form of an employee benefit. Plans in public companies generally limit the total number or the percentage of the company's stock that may be acquired by employees under a plan. Compared with worker cooperatives or co-determination, employee share ownership may not confer any meaningful control or influence by employees in governing and managing the corporation. Some companies, particularly private companies, use employee share ownership to support a company's culture. Employee ownership is when all employees together own a substantial stake and have a meaningful voice in the company (or group) that employs them. A number of countries have introduced tax advantaged share or share option plans to encourage employee share ownership.

ChatGPTRate this definition:0.0 / 0 votes

1. employee-owned business

   An employee-owned business, also known as a worker cooperative or an employee stock ownership plan (ESOP), is a company structure whereby employees have an ownership stake in the company they work for. This means they hold shares of the company's stock, giving them a direct interest and financial stake in the business's success. Employees may obtain ownership through a worker cooperative model, direct stock purchase plans, or as a form of employee benefit. These businesses are often characterized by democratic decision-making and profit sharing among employee-owners.

Matched Categories

1. • Commercial Enterprise

How to pronounce employee-owned business?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say employee-owned business in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of employee-owned business in Chaldean Numerology is: 3

2. Pythagorean Numerology

   The numerical value of employee-owned business in Pythagorean Numerology is: 4

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=employee-owned business
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Employee-Owned_Business
3. ^ ChatGPT
   https://chat.openai.com