What is a Worker Cooperative?

Welcome to the wonderful world of worker cooperatives! These are unique businesses that are owned and run by the very people who work in them, making them a special place to grow and thrive.

Let’s break it down simply:
Ownership and Control:
In a worker cooperative, every worker is an owner, which means they have a say in how things run and how profits are shared.

Democratic Governance:
Worker cooperatives operate on a democratic principle where each member (worker) has an equal vote, regardless of their position or investment.

Profit Sharing:
Profits are distributed among the worker-members, usually reflecting their contributions to the business.

Values-Driven:
These cooperatives are all about empowering workers, uplifting the community, and promoting sustainable practices.

Examples:
You can find worker cooperatives in all sorts of businesses, like cozy cafes, cleaning services, childcare centers, and so much more!

Benefits:
They provide stable jobs, opportunities for growth and training, and a wonderful sense of ownership and control for everyone involved.

  • Category: FAQ