Creating economic opportunity for all.
Ownership Works and our partners recognize the power of shared ownership to help generate benefits for employees, companies, and society at large:
- Wealth Creation & Economic Resilience. Employee ownership can help address the lack of stock ownership and long-term wealth-building opportunities among low- and moderate-income households, and help families develop greater financial resilience.
- Racial Equity. By extending ownership opportunities beyond senior management – which historically lacks diversity – to all employees of a company, regardless of their background, education, or experience, shared ownership can increase racial equity.
- Financial Inclusion. When paired with access to financial education and safe and affordable financial services, shared ownership programs can help employees improve their financial know-how and ability to weather economic hardships, offering one avenue to enhance financial capability across America.
- Employee Engagement. By reinvigorating corporate cultures, shared ownership can help improve employee engagement and elevate worker voice, which can benefit both employee retention and company performance.

Racial Equity
Due to generations of exclusion from equal economic opportunity, people of color have not accumulated wealth at the same rate as White families. With respect to stock ownership, Black and Latino households combined own a disproportionately low share of wealth — just $550 billion (1.5%) in directly held stocks and mutual funds.
Every employee, regardless of their background, education, or experience, is included in the shared ownership program. Expanding ownership beyond senior management, which has historically lacked diversity, to all workers, provides more people of color with access to this important pathway to financial opportunity and wealth creation.
The Black-White wealth gap is larger today than in 1983. Source: Federal Reserve
Disparities in Wealth by Race and Ethnicity
According to the 2022 Survey of Consumer Finances, White families have among the highest median and mean net worth, valued at more than that of Black and Hispanic families combined. For example, the median white household owns more than six times the wealth of the median Black household.
Source: Federal Reserve Board, Distributional Financial Accounts (2023)
Diversity Among Executives and in the Labor Force
Black and Hispanic or Latino employees are underrepresented among executive senior leadership, which is often where employee ownership is concentrated.
Source: Analysis of American Community Survey data by J.D. Swerzensi, D. Tomaskovic-Devy, and Eric Hoyt. “Where are the Hispanic Executives.” The Conversation. Jan. 22, 2020.
Employee Engagement
68% of workers describe themselves as "not engaged" or "actively disengaged."Source: Gallup
According to Gallup, for the second year in a row, the percentage of engaged workers in the U.S. declined, decreasing from 36% in 2020 to 34% in 2021 to just 32% in 2022.
Through employee ownership, companies can replace a culture of apathy with an invigorated culture of ownership. Pairing stock grants with greater communication, transparency, and voice can create the ultimate alignment of interests and engage an entire workforce around a common purpose and strategy. It can also help increase a sense of fairness and equitable treatment, which is a core driver of retention. Employees know their companies best, and when given the opportunity to both contribute to and participate in the success they help create, they can take a company from good to great.