Question:

My company is becoming employee owned. Does anyone know if this is typically a good thing?

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My company is becoming employee owned. Does anyone know if this is typically a good thing?

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  1. It usually means employees share in the profit, but also the liability, so good/bad, your call


  2. I learned one thing...when it's your room, you keep it clean. When it's your stuff you keep it running because you dont want it breaking down. When it belongs to you - only you can determine how successful you want your company to be. You take ownership of things you are responsible for...the question is are you ready for the job!

  3. It'll mean your employees will have a bigger stake in making sure it's a success.  Other than that, I can't think of any advantages.

  4. Yes it certainly is provided the management is strong. It also means you own it too. Now it is up to your hands to make it or break it.

    You got it?

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