Ownership Works, a new nonprofit with a mission to increase prosperity through shared ownership at work, launched today with the support of 60 partners across the private, public and nonprofit sectors. Ownership Works will develop and help implement broad-based employee ownership programs to create better work environments and financial opportunities for employees, and to help businesses improve their performance by attracting and retaining engaged employees who are invested in their company’s success. This new movement is particularly timely as many Americans are leaving jobs to seek better pay, benefits and corporate cultures.

“Altamont Capital Partners is proud to be a founding partner of Ownership Works,” said Altamont Co-Founder and Managing Director Jesse Rogers. “We are believers in the power of employee ownership to energize the workforce and contribute to a healthy company culture that materially benefits both employees and businesses. We plan to continue working with our partner companies to implement shared ownership more broadly in our portfolio.”

Read more about Ownership Works and Altamont’s involvement and commitment as a founding partner in the full press release here.