Resources

Union-Led Buy-Outs

Guides drafted for union-led conversions to worker co-ops from other business forms, by the Western Labour-Worker Co-op Council.  The Council’s members included CWCF, the Prairie Region of the Canadian Labour Congress, the Ohio Employee Ownership Center, Co-op Ventures Worker Co-op, and various trade unions. 1of4 Union-Led Buy-Outs – Coop Basics 2of4 Union-Led Buy-Outs – Checklist Union-Led Buy-Outs


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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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