Description
This report presents six easy-to-read charts about differences in the average dollar value of employee ownership by the annual earnings, gender, and race of employees. As averages, this gives a snapshot from random samples from employee surveys from the US General Social Survey across the entire US population. It answers the question: How broadly has employee share ownership’s financial benefits spread among working people?
The focus is on employee equity ownership plans and Employee Stock Ownership Plans (ESOPs), separately. Employee equity ownership plans involve grants of restricted stock, performance shares, Employee Stock Purchase Plans, and company stock ownership in 401(k) plans, etc. and do not include ESOPs. The results specifically on ESOPs are broken out and presented separately. Data are from the 2022 General Social Survey using previous surveys from 2018 and 2014 for a larger national sample.
About
We are pleased to present this brief as part of the Employee Ownership Ideas Forum, a two-day convening bringing together leading policymakers, practitioners, experts, and the media for a robust discussion on how we can grow employee ownership for the shared benefit of American workers and businesses. The Forum is co-hosted by the Aspen Institute Economic Opportunities Program and the Institute for the Study of Employee Ownership and Profit Sharing at Rutgers University.
