Monthly Subscription Starting at AED 99 + VAT
- Level Foundation
- Duration 15 hours
- Course by Rutgers the State University of New Jersey
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Offered by
About
In this course, you will learn about a well-researched tool for building a more equitable economy: “employee ownership.” You will learn what it is, how it differs from traditional business ownership models, and the forms it can take. You will learn how employee ownership can share wealth and profits with employees--while making businesses more productive. You will learn what the research shows about the benefits of this tool for employees, retiring business owners, and the economy. Whatever your interest in the topic, you’ll find information here that you can use. If you are a business owner or entrepreneur, you will learn why employee ownership could be a solution that benefits you and your employees. If you are an employee of a business, you will learn how you could gain an ownership stake in the business and what that would mean. If you are a student, this course is relevant to numerous fields including human resources management, strategy, entrepreneurship, organizations, history, economics, community economic development, labor studies, sociology, and more. If you are simply someone interested in tested real-world solutions to economic inequality, or concerned about social justice, this course is for you as well. By the end of the course, you will know key questions to ask to determine whether employee ownership may be suitable for your workplace. This course was developed by the Institute for the Study of Employee Ownership and Profit Sharing with support from the Beyster Foundation for Enterprise Development.Modules
What is Employee Ownership?
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5
Videos
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2
Readings
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1
Discussion
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1
Assignment
1
Assignment
- "What is Employee Ownership?" Quiz (you have unlimited attempts)
1
Discussions
- What is driving you to take this course?
5
Videos
- Welcome and Course Introduction (Adria Scharf, Director of Education and Collaborations for the Institute for the Study of Employee Ownership and Profit Sharing)
- How Business Ownership Usually Works: Ownership Models in Business (Adria Scharf)
- What Is Employee Ownership?
- Where is Employee Ownership Found? (Adriane Clomax, Research Fellow)
- Greetings from the Founders of Two Companies (Tracy Till and Jarret Schlaff)
2
Readings
- In Our Own Words: Video Clips
- Visual Guides to ESOPs and Worker Cooperatives
Economic Backdrop: Three Trends
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4
Videos
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2
Readings
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1
Discussion
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1
Assignment
1
Assignment
- "What is Wealth"? Quiz
1
Discussions
- What surprises you?
4
Videos
- Three Trends (Adria Scharf)
- Wealth Inequality "By the Numbers" Animation
- The Racial Wealth Gap (Adriane Clomax)
- Reflections on Community Wealth Building (Jessica Gordon Nembhard, Professor, John Jay College)
2
Readings
- Defining Wealth
- Recommended Readings (optional)
Where Employee Owned Firms Come From
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3
Videos
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1
Readings
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1
Assignment
1
Assignment
- "Silver Tsunami" Quiz
3
Videos
- Where Do Most Employee Owned Firms Come From? (Joseph Blasi, Distinguished Professor and Director of the Institute for the Study of Employee Ownership and Profit Sharing)
- How Can Regular Employees Buy a Business? (Joseph Blasi)
- A Stunning Set of Statistics: The "Silver Tsunami" (Joseph Blasi)
1
Readings
- Five Reasons Why Business Owners Sell to Employees (Required Reading)
Different Types of Employee Ownership
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5
Videos
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4
Readings
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1
Assignment
1
Assignment
- "Types of Employee Ownership" Quiz
5
Videos
- Introduction to Types of Employee Ownership (Adria Scharf)
- Employee Stock Ownership Plans (Corey Rosen, Founder of the National Center for Employee Ownership)
- Worker Cooperatives (Esteban Kelly, Executive Director of US Federation of Worker Cooperatives)
- Equity Compensation (Corey Rosen)
- Employee Ownership Trusts (Christopher Michael, Managing Director of the Institute for the Study of Employee Ownership and Profit Sharing)
4
Readings
- Profiles of Five ESOP Companies
- Profiles of Two Worker Cooperatives
- Types of Employee Ownership: How They Work
- Global Case Studies
Roots: Historical Traditions
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3
Videos
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1
Assignment
1
Assignment
- "Historical Traditions" Quiz
3
Videos
- Founding Traditions in the United States (Joseph Blasi, Distinguished Professor and Director of the Institute for the Study of Employee Ownership and Profit Sharing))
- Worker Ownership and the Black Cooperative Tradition (Jessica Gordon Nembhard)
- Optional Video: Historical Evolution of Employee Ownership (Joseph Blasi)
Research Briefs
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4
Videos
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1
Readings
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1
Assignment
1
Assignment
- "Research" Quiz
4
Videos
- Three Major Takeaways from Decades of Research (Douglas Kruse, Associate Director and Co-Founder of the Institute for the Study of Employee Ownership and Profit Sharing)
- Employee Ownership and Worker Wealth (Adria Scharf)
- Worker Ownership and Unions (Sanjay Pinto, Co-director of the Project on Unions and Worker Ownership at the Institute for the Study of Employee Ownership and Profit Sharing)
- New Research on Workers of Color in ESOPs (Adriane Clomax)
1
Readings
- Recommended Reading: Studies Cited in Videos (Optional)
Research on Worker Cooperatives
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2
Videos
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1
Readings
2
Videos
- First National Study of Individuals in Worker Cooperatives (Laura Schlachter)
- Benefits of Worker Cooperatives: Productivity, Leadership Development, Reinvestment (Jessica Gordon Nembhard)
1
Readings
- Recommended Reading: Studies Cited in Videos (Optional)
Research on Equity Compensation
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3
Videos
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1
Readings
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1
Assignment
1
Assignment
- "Research on Cooperatives and Equity Compensation" Quiz
3
Videos
- Recommendations for Implementing Equity Compensation Programs (William Castellano, Professor of Human Resource Management, Rutgers School of Management and Labor Relations)
- Creating Mutual Gains: Stock Options and Diversity (Joo Hun Han, Associate Professor of Human Resource Management, Rutgers School of Management and Labor Relations)
- Summary of the Research Updates (Adria Scharf)
1
Readings
- Recommended Reading: Studies Cited in Videos (Optional)
Two Journeys to Employee Ownership
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8
Videos
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1
Assignment
1
Assignment
- "Implementation" Quiz
8
Videos
- Why and How We Sold Our Business to the Employees through an ESOP (Tracy Till, co-founder of ESOP company)
- Lessons Learned: The Team of Experts (Legal Advisor, Trustee, Valuation Firm) (Tracy Till)
- Lessons Learned: The Importance of Communications (Tracy Till)
- (Optional Video) Reflection on the Cost, and Tax Benefits, of Our ESOP (Tracy Till)
- Important Questions to Ask First (Jennifer Briggs)
- Why and How We Started a Worker Cooperative (Jarret Schlaff, co-founder of worker cooperative)
- Lessons Learned Starting a Worker Cooperative (Jarret Schlaff)
- Important Questions to Ask Before Considering a Cooperative (Esteban Kelly)
Where to Go From Here?
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2
Videos
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2
Readings
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1
Discussion
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1
PeerReview
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1
Assignment
1
Assignment
- Final Assessment
1
Peer Review
- Making a Case for Employee Ownership
1
Discussions
- Goal Reflection
2
Videos
- What You Can Do: Some Examples of Ways to Support Worker Ownership (Esteban Kelly)
- Conclusion (Adria Scharf)
2
Readings
- Optional: Resource for Implementation
- Optional: A Partial List of Nonprofit and Educational Organizations for Guidance
Auto Summary
Discover the transformative potential of employee ownership in "Our Share: Employee Ownership as a Wealth Sharing Tool." This foundational course by Coursera, developed by the Institute for the Study of Employee Ownership and Profit Sharing, explores how this business model can enhance productivity and equitably distribute wealth. Ideal for business owners, employees, students, and social justice advocates, the course spans various domains, including HR, strategy, economics, and more. With a duration of 900 minutes and flexible subscription options (Starter, Professional), this course equips you with the knowledge to evaluate the suitability of employee ownership for any workplace.
Adria Scharf, PhD
Joseph R. Blasi