{"id":16633,"date":"2019-06-01T20:27:30","date_gmt":"2019-06-01T20:27:30","guid":{"rendered":"https:\/\/www.lifeandnews.com\/articles\/?p=16633"},"modified":"2019-06-02T09:54:34","modified_gmt":"2019-06-02T09:54:34","slug":"sharing-profits-and-ownership-with-workers-not-only-make-them-happier-it-benefits-the-bottom-line-too","status":"publish","type":"post","link":"https:\/\/www.lifeandnews.com\/articles\/sharing-profits-and-ownership-with-workers-not-only-make-them-happier-it-benefits-the-bottom-line-too\/","title":{"rendered":"Sharing profits and ownership with workers not only make them happier, it benefits the bottom line too"},"content":{"rendered":"

Joseph Blasi<\/a>, Rutgers University<\/a><\/em>; Douglas L. Kruse<\/a>, Rutgers University<\/a><\/em>, and Maureen Conway<\/a>, Rutgers University<\/a><\/em><\/span><\/p>\n

Near-record low unemployment<\/a> has companies fumbling to find<\/a> the best ways to recruit and retain workers. Our research<\/a> suggests a sure-fire way to do just that: give them a real stake. <\/p>\n

By that we simply mean sharing some of the profits and even ownership with the men and women who are fundamental to their companies\u2019 success. <\/p>\n

Most Americans say they want it. A recent government survey<\/a> found that vast majorities of respondents across the political spectrum prefer to work for an employee-owned company than an investor- or state-controlled business. <\/p>\n

Perhaps that\u2019s one reason why the idea is gaining steam on Capitol Hill and on the campaign trail, with several plans being floated \u2013 including ones by Sen. Bernie Sanders<\/a> and Sen. Elizabeth Warren<\/a> \u2013 to share more corporate control and profits with workers.<\/p>\n

After conducting a massive, multi-year study of shared capitalism, we found that not only is it good for workers, it\u2019s good for the bottom line too. <\/p>\n