Posted by Moderator MT Coalition on October 30, 2017 at 10:25 PM
Some people believe that working and pay conditions will not change as long as people continue to work for and patronize companies that have less than optimal conditions.
Worker cooperatives are gaining popularity in many industries given the history of unsuccessful efforts made in the past in the areas of collective bargaining, standards, and regulation to improve conditions for workers.
Cooperative capitalism can provide competitive edges through characteristics including but not limited to:
1. Knowledgeable worker input into process improvement resulting in streamlined, uniform processes, communication, and training.
2. Shared resources with reduced rework, utilizing a franchise, template, or uniform, standards approach.
3. Lower overhead.
4. Flattened levels of management.
5. Lower ratios of management to worker compensation for higher MT/E wages.
6. Engaged, empowered workers having a greater investment in company outcomes.
7. Improved retention of the best workers.
The following links offer information on worker cooperatives in the United States:
How could this work in our industry?
Are you a current or former MTSO owner with perspectives and interest in this concept and willing to share your ideas and suggestions?
Do you have further information and resources you can share about forming worker cooperatives?
Please share your thoughts and ideas in the comments above (or via the contact form):