The following is an excerpt from an article on Harvard Business Review reinforcing the link between company culture and employee ownership programs:
“The research comes as broad-based employee ownership has seen a recent surge led by private equity. As more companies give frontline employees a stake, business leaders face a practical question: How do you get employees to act like owners? Rouen’s research suggests that being more explicit about how people’s work pays off is key.
‘It’s not enough to say, ‘We’re giving you some equity. Now go and make money for us and yourself,’ Rouen says. ‘For people who are living paycheck to paycheck and are stressed about the present, informing them of how value is created through doing their day-to-day jobs can be very motivational.'”
Read the full article on Harvard Business Review.
