*SMLR-Net, the source of selected news on labor and employment relations and Human resource management* Title: New Belgium sale brings end to employee ownership for craft beer maker Author: Meghan McCarty Carino https://www.marketplace.org/author/meghan-mccarty-carino/ Source: Marketplace
*Date: *Nov 20, 2019
*Summary: *While entirely employee-owned companies like Davey or New Belgium are rare, almost half of private sector companies give workers some kind of stake in a business through stock options or profit sharing, according to *Joseph Blasi, director of the Institute for the Study of Employee Ownership and Profit Sharing at Rutgers University*. He said these kinds of plans can help reduce growing income inequality. “Having a chance to own some shares in your company or share in the profits, that’s a way for financial inclusion and fairness,” he said.
*Link*: http://bit.ly/2D4DakJ
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