Department of Labor announces Division of Employee Ownership and names Chief from the worker ownership movement

via usworker.coop This July, the Department of Labor launched an initiative to promote worker-owned businesses. This effort is aimed at increasing workplace democracy and improving conditions for workers across the country.   “Worker ownership arrangements help create pathways for employees to earn a fair share of the profits that their labor makes possible and will play […]

DEPARTMENT OF LABOR LAUNCHES INITIATIVE TO PROMOTE WORKER-OWNED BUSINESSES, INCREASE WORKPLACE DEMOCRACY, IMPROVE BOTTOM LINE FOR MANY AMERICANS

via dol.gov WASHINGTON – To help create and promote business ownership by America’s workers, the U.S. Department of Labor today announced the launch of a new Employee Ownership Initiative within its Employee Benefits Security Administration. As part of the Worker Ownership, Readiness, and Knowledge Act in the SECURE 2.0 Act of 2022 and aligned with President Biden’s promise to lead […]