Employee Owned Companies US
Employee-owned companies in the United States continue to be an important part of the business landscape. Here are some more examples of employee-owned companies in the US:
- Publix Super Markets: Publix is a supermarket chain that operates as an employee-owned company through an Employee Stock Ownership Plan (ESOP). It is one of the largest and most successful employee-owned companies in the US.
- WinCo Foods: WinCo Foods is an employee-owned supermarket chain with locations in several states. The company is known for its low-cost, no-frills approach to grocery retail.
- King Arthur Baking Company (formerly King Arthur Flour): King Arthur Baking Company is a well-known flour company that transitioned to an employee-owned model. It is employee-owned through a B Corporation structure.
- Bob’s Red Mill: Bob’s Red Mill is a well-known brand that offers a variety of whole grain and organic products, including flours, cereals, and baking mixes. It is an employee-owned company with a commitment to high-quality, minimally processed foods.
- New Belgium Brewing (before acquisition): New Belgium Brewing was one of the largest and most well-known employee-owned breweries in the US until its acquisition by Lion Little World Beverages (part of Kirin Holdings) in 2019.
- Davey Tree Expert Company: Davey Tree is a leading provider of tree care, utility services, and environmental consulting. It is an employee-owned company with a strong emphasis on employee involvement and ownership.
- Harpoon Brewery: Harpoon Brewery is a craft brewery based in Boston, Massachusetts, and Windsor, Vermont. The company is employee-owned, and its employees are actively involved in its operations.
- Chobani: Chobani, a well-known yogurt brand, announced a transition to an employee ownership plan in 2016, making it one of the notable employee-owned companies in the food industry.
- Recology: Recology is a waste management and resource recovery company operating in California, Oregon, and Washington. It is an employee-owned company with a focus on sustainability and community engagement.
- Lifetouch: Lifetouch is a photography company specializing in school portraits and yearbooks. It became an employee-owned company through an ESOP in 2018.
- Applied research associates
- Agilisys
- Aavin
- Adarsh co-operative bank
- Acadian ambulance
- Allford hall monaghan & morris
- Arizmendi bakery
- Amul
- Arup
- Bi-mart
- Brookshire brothers
- Banas dairy
- Black & veatch
- Bob’s red mill
- Certain affinity
- Co-optex
- Chm hill
- Columbia forest products
- Carter’s foods
- Casino queen
- Chicago and north western r…
- Central surrey health
- Dynetics
- Davey tree expert company
- Donald insall associates
- Dahl’s foods
- Dabbawala
- Eureka casino resort
- Evergreen cooperatives
- Edgewood management
- Ebby halliday realtors
- Food giant
- Frontline test equipment
- Ferrellgas partners
- Great lakes brewing company
- Greatland corporation
- Gardener’s supply company
- Gensler
- Graybar
- Harps food stores
- Herff jones
- Herman miller
- Hanky panky ltd.
- Huck’s food & fuel
- Hayes davidson
- Hensel phelps construction
- Hy-vee
- Hdr, inc.
- Houchens industries
- Idom
- Indian farmers fertiliser c…
- Indian potash limited
- Indian coffee house
- J thomas & co. Pvt. Ltd.
- John j. Mcmullen & associates
- Journal communications
- John lewis partnership
- Karnataka milk federation
- Kantega
- Kaira district co-operative…
- Krishak bharati cooperative
- Kimley-horn and associates,…
- Kerala co-operative milk ma…
- King arthur flour
- Lifetouch
- Landmark education
- Lampin corporation
- Larsen & toubro
- Mother dairy
- Mathematica policy research
- Mwh global
- Mercedes homes
- Mondragon corporation
- Mushkin
- Mast general store
- Mjp architects
- Mott macdonald
- New belgium brewing company
- Niemann foods
- Oliver winery
- Peter kiewit sons
- Pa consulting group
- Pratibha mahila sahakari bank
- Publix
- Price chopper
- Phelps county bank
- Raycom media
- Riverford
- Richer sounds
- Rosendin electric
- Recology
- Robert mcneel & associates
- Rehwa society
- Springfield remanufacturing
- Schreiber foods
- Southern exposure seed exch…
- Stewart’s shops
- Stv group
- Scheels
- Sant muktabai sahakari sakh…
- Schweitzer engineering labo…
- Stiefel labs
- Swales aerospace
- Space development network
- The cheese board collective
- Talis group
- Taylor guitars
- Torch technologies
- The totgars’ cooperative sa…
- Team consulting
- Tullis russell
- Tidyman’s
- Winco foods
- W. W. Norton & company
- Woodman’s food market
- West highland free press
- Webassign
- Working women’s forum
- Westat
- W. L. Gore & associates
These examples showcase the variety of industries that have embraced employee ownership as a way to foster a sense of ownership, engagement, and commitment among their workforce. Employee-owned companies often prioritize long-term sustainability and focus on the well-being of their employees, as they directly benefit from the company’s success through ownership stakes.
How many companies in the US are employee-owned?
As of my last update in September 2021, the number of employee-owned companies in the United States can vary and is subject to change over time due to various factors, including company ownership transitions, new ESOP formations, and acquisitions. While I don’t have access to real-time data, I can provide some insights on the prevalence of employee-owned companies based on the available information up to 2021.
According to the National Center for Employee Ownership (NCEO), as of 2021, there were approximately 6,600 ESOPs (Employee Stock Ownership Plans) in the United States. These ESOPs cover approximately 14 million employees and hold about $1.4 trillion in assets. The NCEO estimates that over 10% of the U.S. private sector workforce is employed by companies that are partially or entirely employee-owned.
In addition to ESOPs, there are other forms of employee ownership, such as worker cooperatives and direct ownership plans, but the number of these companies is comparatively smaller.
It’s important to note that while employee ownership is a growing trend and has gained attention for its benefits in promoting employee engagement, job stability, and wealth accumulation, employee-owned companies still represent a relatively small percentage of all businesses in the United States.
For the most current and accurate data on the number of employee-owned companies in the US, I recommend consulting the latest reports and studies from organizations like the National Center for Employee Ownership (NCEO) and other industry-specific associations.
How many US companies have an ESOP?
There were approximately 6,600 ESOPs (Employee Stock Ownership Plans) in the United States. ESOPs cover about 14 million employees and hold approximately $1.4 trillion in assets. These ESOPs are spread across various industries and company sizes, representing a significant portion of the U.S. private sector workforce.
It’s important to note that the number of ESOPs can fluctuate over time due to various factors, including new ESOP formations, company ownership transitions, and acquisitions. To get the most current and accurate data on the number of US companies with ESOPs, it’s best to consult the latest reports and studies from organizations such as the National Center for Employee Ownership (NCEO) and other industry-specific associations that track and analyze employee ownership trends.
What percentage of American companies are employee-owned?
Employee-owned companies, including those with ESOPs (Employee Stock Ownership Plans) and other forms of employee ownership like worker cooperatives, represent a relatively small percentage of all businesses in the United States. While exact numbers can vary and are subject to change over time, available data suggests that employee-owned companies make up a minority of the overall business landscape in the country.
According to estimates from the National Center for Employee Ownership (NCEO), over 10% of the U.S. private sector workforce is employed by companies that are partially or entirely employee-owned. This includes employees of companies with ESOPs, as well as workers in worker cooperatives and other direct ownership plans.
It’s worth noting that employee ownership has been a growing trend, and the percentage of employee-owned companies may change as more companies adopt employee ownership models or convert to ESOPs. Employee-owned companies are often valued for their potential to enhance employee engagement, retention, and long-term stability.
For the most current and accurate data on the percentage of American companies that are employee-owned, I recommend consulting the latest reports and studies from organizations such as the National Center for Employee Ownership (NCEO) and other industry-specific associations that focus on employee ownership and business ownership structures.
What is the largest employee-owned company in the US?
The largest employee-owned company in the United States was Publix Super Markets, Inc. Publix is a well-known supermarket chain operating in the Southeastern United States. It is an employee-owned company and is one of the largest and most successful employee-owned businesses in the country.
Publix operates as an Employee Stock Ownership Plan (ESOP) company, where eligible employees participate in the ESOP and accumulate ownership shares in the company. Over the years, Publix has consistently ranked as one of the largest private companies in the United States, and its employee ownership model has been recognized for its positive impact on employee engagement, loyalty, and company performance.
It’s important to note that the status of the largest employee-owned company in the US can change over time due to factors like company growth, acquisitions, and ownership transitions. For the most up-to-date information on the largest employee-owned companies in the US, I recommend consulting the latest reports and rankings from reputable sources like the National Center for Employee Ownership (NCEO) and other industry-specific publications.
What does it mean to be 100% employee owned?
Being 100% employee-owned means that all the shares or ownership of a company are held by its employees. In such a structure, the employees collectively own the entire company, typically through an Employee Stock Ownership Plan (ESOP) or a similar employee ownership arrangement.
Here’s how being 100% employee-owned typically works:
- ESOP: An Employee Stock Ownership Plan (ESOP) is a retirement plan that invests primarily in the employer’s stock. The company sets up a trust to hold the shares on behalf of its employees. As employees work for the company, they earn shares in the ESOP, which creates a sense of ownership and a stake in the company’s success.
- Trust: The ESOP trust holds the shares on behalf of the employees. The company contributes money to the trust, which is then used to purchase shares from the existing owners or directly from the company. Over time, employees’ ownership in the company grows as they accumulate more shares in the ESOP.
- Voting Rights and Dividends: While the employees may own the shares, the ESOP trust typically holds the voting rights for the shares. However, employees have the right to participate in voting on major company decisions. Additionally, the employees are entitled to receive dividends on their shares, which can be distributed in cash or reinvested in more shares.
- Exit Strategy: In the event that an employee decides to leave the company or retire, the ESOP provides a mechanism for the employee to cash out their shares and receive their share of the company’s value at that time.
The main benefit of being 100% employee-owned is that it fosters a strong sense of ownership and engagement among employees. They are motivated to work collectively to improve the company’s performance since their financial well-being is directly tied to the company’s success. Employee ownership can also contribute to better job satisfaction, loyalty, and long-term stability within the organization.
It’s important to note that while being 100% employee-owned means that employees own all the shares, the day-to-day management and operations of the company are still typically handled by company management and a board of directors. The employees’ ownership stake gives them a voice in major decisions, but they are not directly involved in the company’s day-to-day decision-making.
What is the largest US company in the world?
The largest company in the United States, based on market capitalization, was Apple Inc. Apple is a technology giant and one of the world’s most valuable publicly traded companies. It designs, manufactures, and sells a wide range of consumer electronics, software, and digital services.
It’s essential to note that the rankings of the largest companies can change over time due to fluctuations in stock prices and market conditions. As of my last update, other major companies, such as Microsoft, Amazon, and Alphabet (the parent company of Google), were also among the largest companies in the US and the world.
To get the most current and accurate information on the largest US companies, it’s best to refer to reputable financial news sources, market data providers, and stock market indices that regularly update company rankings based on market capitalization and other financial metrics.
