January 13, 2003

At Least Half of Best 100 Companies to Work for Have Broad Employee Ownership

NCEO founder and senior staff member

The "Best 100 Companies to Work For" again show a high overrepresentation of employee ownership companies. Of the 93 companies on the list that could have a stock plan (some are professional partnerships), we identified 46 that we know have broad equity plans. It is very likely that other companies on the list also have broad ownership plans, but we do not have confirmation of that for specific companies. Of the 100 companies, five are majority employee owned American Cast Iron Pipe Company (6), TD Industries (7), W.L. Gore Associates (27), Publix (87), and CH2M Hill (96). The list is compiled for Fortune magazine by the Great Place to Work Institute.