About: Worker cooperative   Sponge Permalink

An Entity of Type : owl:Thing, within Data Space : 134.155.108.49:8890 associated with source dataset(s)

A worker cooperative is a cooperative owned and operated by its "worker-owners". There are no outside or consumer owners in a worker cooperative -- only the workers own shares of the business. Only one membership share may be issued to a member. One membership share is the equivalent of one vote. Membership is not compulsory for employees, but only employees can become members. One of the world's best known example of worker co-operation is the Mondragón Cooperative Corporation (MCC) in the Basque Country.

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  • Worker cooperative
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  • A worker cooperative is a cooperative owned and operated by its "worker-owners". There are no outside or consumer owners in a worker cooperative -- only the workers own shares of the business. Only one membership share may be issued to a member. One membership share is the equivalent of one vote. Membership is not compulsory for employees, but only employees can become members. One of the world's best known example of worker co-operation is the Mondragón Cooperative Corporation (MCC) in the Basque Country.
  • To stockholders on basis of number of shares owned a) To State a) To members after funds are set aside for reserves and allocated to a collective account Capital a) No limit, amount set by owner or Board of Directors a) n/a a) Limited to an interest-like percentage set by policy Operating Practices a) Owners or managers order production schedules and set wages and hours, sometimes with union participation a) Managers order production schedules and set wages and hours, sometimes with union participation a) Workers set production schedules either through elected boards and appointed managers or directly through assemblies b) Working conditions determined by labour law and collective bargaining. b) Working conditions determined by labour law and collective bargaining. b) Working conditions de
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abstract
  • To stockholders on basis of number of shares owned a) To State a) To members after funds are set aside for reserves and allocated to a collective account Capital a) No limit, amount set by owner or Board of Directors a) n/a a) Limited to an interest-like percentage set by policy Operating Practices a) Owners or managers order production schedules and set wages and hours, sometimes with union participation a) Managers order production schedules and set wages and hours, sometimes with union participation a) Workers set production schedules either through elected boards and appointed managers or directly through assemblies b) Working conditions determined by labour law and collective bargaining. b) Working conditions determined by labour law and collective bargaining. b) Working conditions determined by labour law and assembly of worker-members, or internal dialogue between members and managers. Tax Treatment a) Subject to normal corporate taxes a) n/a a) Special tax treatment in some jurisdictions
  • A worker cooperative is a cooperative owned and operated by its "worker-owners". There are no outside or consumer owners in a worker cooperative -- only the workers own shares of the business. Only one membership share may be issued to a member. One membership share is the equivalent of one vote. Membership is not compulsory for employees, but only employees can become members. One of the world's best known example of worker co-operation is the Mondragón Cooperative Corporation (MCC) in the Basque Country.
is company type of
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