The Worker-Owned Recovery California (WORC) Coalition needs your help in asking the State of California to invest in employee ownership! In 2022, Governor Newsom signed into law Senate Bill 1407, the California Employee Ownership Act, which creates the Employee Ownership Hub within the Governor’s Office of Business and Economic Development. The Hub is designed to establish the infrastructure necessary to increase employee ownership throughout California. We are asking the State of California to invest $1.5 million to fund the newly-created Hub at a basic level for three years. Employee ownership is a well-proven strategy for business resilience and productivity, wealth-building and quality jobs for workers, and strong local economies. Given California’s significant budget deficit this year, this is the right time for California to invest this modest amount in worker ownership, as it will preserve small businesses, protect jobs, and save the state money.
The WORC Coalition and the USFWC ask that you sign on to the letter below to ask the State of California to invest in worker ownership now, to the benefit of workers, small businesses, and local economies!
