Most academic labour lawyers in Canada are used to focussing their attention on the “traditional” employment relationship in which workers are more or less permanently employed by a single employer and regularly work forty or so hours per week. This paper focusses attention on the “Baker Street irregulars” of the labour market, to use a Sherlockian analogy. These are workers who do not fit the mould of the “traditional” employment relationship.
Archives for April 1987
In this paper, the authors look at the evidence of increased employee ownership in Canada. Employee ownership of a company may involve a 100 percent buyout to avoid closure, a transfer of ownership to employees (e.g., at the retirement of the owner), or the establishment of a company stock purchase plan.
The paper looks at case studies of seven employee-owned firms in Canada. The studies show that employee ownership has meant survival, a return to profitability, and in many situations continued growth for these companies.