Employee-Owned Businesses

WUNC | By Laura Lee,

Published March 19, 2015 at 12:08 PM EDT

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Mike Kalasnik

In many workplaces, "the boss" is a board or group of investors.

But in a growing number of businesses, employees are taking ownership. Some use an employee stock ownership plan, or ESOP, and others use a cooperative structure.

For companies like Southwest and Publix Super Markets, employee engagement is critical because employees are the bosses. The structure can also offer tax incentives.

Host Frank Stasio talks with consultant Anne Claire Broughton, Christopher Gergen, CEO of Forward Impact; and Scott Kinsey, CEO of Kindermusik, a Greensboro-based ESOP.

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Laura Lee

Laura Lee was the managing editor of The State of Things until mid February 2017. Born and raised in Monroe, North Carolina, Laura returned to the Old North state in 2013 after several years in Washington, DC. She received her B.A. in political science and international studies from UNC-Chapel Hill in 2002 and her J.D. from UNC-Chapel Hill School of Law in 2007.

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Frank Stasio

Longtime NPR correspondent Frank Stasio was named permanent host of The State of Things in June 2006. A native of Buffalo, Frank has been in radio since the age of 19. He began his public radio career at WOI in Ames, Iowa, where he was a magazine show anchor and the station's News Director.

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