"U.S. worker engagement has stagnated for decades, with more than two-thirds of workers feeling detached or disengaged. To reverse the trend, many executives have strived to build an "ownership culture," hoping personal responsibility will drive productivity. Yet most omit the most vital ingredient, actual ownership. We spent the past four years studying companies that committed to this missing piece, extending equity to all employees."
"While broad-based ownership isn't new, a recent surge led by private equity has made it a potent economic force. Since 2022, more than $1.3 billion has been distributed to 41,000 non-executive employees, with projections exceeding $20 billion in the coming decade."
U.S. worker engagement has stagnated for decades, with more than two-thirds of workers feeling detached or disengaged. Many executives have tried to create an ownership culture to boost personal responsibility and productivity. Most such efforts omit actual ownership as a central element. A four-year study examined companies that extended equity broadly to all employees. Broad-based ownership is not new, but a recent surge led by private equity has amplified its economic impact. Since 2022, more than $1.3 billion has been distributed to 41,000 non-executive employees. Projections exceed $20 billion in distributions over the coming decade.
Read at Harvard Business Review
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