Employee Ownership:
The Future of (Business in) Pittsburgh
Choose your path:
ESOPs
- a flexible, tax advantaged tool for business succession
- a wealth creation plan that holds company stock in a trust for employees
- Appropriate for businesses with 20 or more employees
Worker Cooperatives
- a business jointly owned and governed by its workers
- 83% of businesses will close when the owner exits, this is another option
- Appropriate for any size business
Owners get paid full fair market value
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Employees pay NOTHING as new owners
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Sell to an ESOP gradually, or all at once
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Owners get paid full fair market value
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Preserves the legacy of the business
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Keeps profits and jobs in the local economy
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What is an ESOP?
What is a Worker Cooperative?
Is Employee Ownership Right For Me & My Business?
- I'm thinking about a succession plan
- I'm concerned about the legacy of my business
- I'm interested in tax breaks for my business
- I'd like to offer my employees a robust retirement plan
- My business has a stable management team and a positive culture
So...what do I do now?
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Connect with Us
Reach out to us for a free, confidential conversation to learn more. No strings attached.
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Talk to an Expert
When you’re ready, we’ll connect you with professional service providers for a more in depth conversation.
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Get Started!
If you decide to move forward, a professional will guide you through this exciting transition!
The Pittsburgh Citywide Task Force on Employee Ownership
A partnership between Pittsburgh City Council, the Mayor’s Office, Chatham University, and the nonprofit PaCEO
The PaCEO exists solely to teach people about employee ownership