Steps in a Worker Buyout of a Company
(1) Educate the supporters of the buyout. Supporters may include all of the hourly and salaried employees as well as local management. Frequently, in situations involving an organized workforce, those employees protected by a union contract are the initial proponents. (2) Establish a buyout association. Membership in the buyout association is usually open to all … Steps in a Worker Buyout of a Company
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