Programme
 

Ownership Hub

Ownership Hub
Rachel Hughes
Rachel Hughes
South Yorkshire Mayoral Combined Authority

The Ownership Hub supports businesses, professional advisers and regions to grow employee and worker ownership, and promotes the associated economic and social benefits of these business models.

Employee and worker ownership gives the people who know the business best, a stake and a say in how it is run. When you own something it changes your behaviour – who washes a rental car? Businesses benefit from employees and workers becoming owners as it drives a culture that empowers individuals to increase performance and impact.

What are the two most common models for employee and worker ownership?

Worker co-operatives

Worker co-operatives are owned and run by the people who work in them. Worker owners have an equal say in what the business does, and an equitable share in the wealth created from the products and services they provide. Read our guide to setting up a worker co-op.

Employee-owned

Employee-owned businesses are either owned in part or whole by their employees. Shares are either held indirectly on behalf of employees or via direct shares. Employee owners are engaged in the operational and strategic direction of the business and can share in both responsibility and reward. Read our guide to employee ownership.

To enquire or for more information, please contact our Growth Hub Gateway team on: 03330 00 00 39, or email growthhub@southyorkshire-ca.gov.uk


Eligibility requirements

Businesses in South Yorkshire

 
Rachel Hughes
Rachel Hughes
South Yorkshire Mayoral Combined Authority
 
 

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