employee ownership
- noun
- /ɪmˈplɔɪiː ˈoʊnərʃɪp/
- The transition to employee ownership allowed staff to participate in decision-making and share in profits.
- employee ownership plans
- employee ownership of the company
Examples
-
However, the aftermath of that mutual failure has seen important new directions in USWA and American steel company collective agreements, including employee ownership, participation teams, work redesign, and new training initiatives.
Academic text (1990) -
Despite this initial success, the company is being watched very closely by some parts of the Canadian labour movement, which remain cautious about employee ownership.
Academic text (1996) -
What's this nonsense about employee ownership of the utilities?
Fiction book (1992) -
Employee ownership is not only economically less efficient but also socially inequitable.
Academic text (1991) -
They claim (May 2010) as many as 25 million people in the US are employed by companies organized with at least 50% employee ownership of stock.
Blog text (4) -
But Graeme Nuttall, a lawyer at Field Fisher Waterhouse and an expert on employee ownership, points out that, once the initial job contract is up, there is pressure on care providers to drive down terms and conditions to save costs.
Academic text (2011) -
Most employee ownership plans in the United States offer shares without voting rights; most of them assure that employees will be kept in a minority ownership position; very few provide educational opportunities to help worker-owners develop management skills; and virtually none offer programs to build solidarity or help worker-owners build links with other cooperative enterprises or raise awareness of economic democracy issues.
Academic text (1995) -
Many workers believe that employee ownership fosters a sense of commitment to the company's success.
-
After several discussions, the board decided to implement employee ownership to improve job satisfaction and retention.
How Generous
- Specialized
- Specialized
Surface Forms
Morphology
The meaning is directly and compositionally derivable from 'employee' (a worker) + 'ownership' (legal possession or control), so a learner who knows both words can infer that it refers to employees holding ownership or shares in the company. This noun phrase follows a common possessive/compound pattern found across many languages, making it readily comprehensible to a B1 learner.
Etymology
The compound employee ownership comes from a clear image: each worker (employee) holds a piece of the business (ownership), like everyone sharing slices of a pie. That's why the term means 'a system where workers own shares or a large part of the company'.