employee-owned business
- noun
:
empresa de propiedad de empleados
- In an employee-owned business, the workers have the chance to shape decisions and share in the profits.
Examples
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You guys never promote or support ideas like employee-owned businesses, labor, and conservation (Izaak Walton, anyone?) when it comes down to it, because it's easier to cry "socialism" when a few dollars in taxes.
Blog text (16) -
I've made no secret of my love of employee-owned businesses.
Blog text (7) -
I would also submit that, in my opinion, OWS is not solely a Lefty movement, though many are heading that way in terms of direct democracy, employee-owned businesses, union advocacy (workers' rights in general), debt jubilee and resistance, and policies that effectively redistribute wealth.
Blog text (31) -
The success of the employee-owned business demonstrates how motivated staff can drive innovation.
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Many employees prefer working at an employee-owned business because they feel more invested in their jobs.
Synonyms
A business where workers have most or all of the company, often through shares
How Shared
27
3.4
- Archaic
161
2.9
- Specialized
3
7.0
Surface Forms
Morphology
employee-owned + business
The meaning is directly derivable from its parts: 'employee-owned' denotes ownership by employees and combined with 'business' yields 'a business owned by its employees.' The '-owned' compound pattern is productive and cross-linguistically transparent, so a B1 learner who knows 'employee', 'owned', and 'business' will readily understand the phrase.
Etymology
Employee-owned business comes from the idea that the employees, the workers, actually own the company. So, it means a company where the workers are the 'owners' and share the profits and decisions.