Want to save your job and make more money? Buy out your boss


The owners of Novograf, a UK-based marketing company, faced a challenge when they were ready to retire. They did not want to sell their company and risk a relocation of the factory, which would take away jobs from the local economy. Instead, they sold their company to their employees. Data shows that employee-ownership leads to higher wages and higher job satisfaction. One year after the transition to employee-ownership, Novograf sales grew by 20%.

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