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2016 Worker Cooperative State of the Sector Report

Page 1

2016 STATE OF THE SECTOR

Worker Cooperatives IN the U.S. WORKER CO-OPS ACROSS THE U.S. WE ESTIMATE THAT THERE ARE

357

THE TYPICAL WORKER COOPERATIVE

Worker Cooperatives and democratic workplaces

EMPLOYS

with an estimated* workforce of

WORKERS, WHO MAKE

6,833

AND AN ESTIMATED* TOTAL GROSS REVENUE OF

$428,188,895

9.5

$15.82

PER HOUR, and WORK

30.35

HOURS PER WEEK

BRINGS IN AN AVERAGE OF

15

$3,930,786

NEW WORKER COOPERATIVES were STARTED this year

IN REVENUE EACH YEAR, An average PROFIT OF

11

$150,075

conventional businesses converted to worker ownership Statistics in this report are based on 2016 economic data. * Estimated numbers are calculated based on the reported figure plus the total number of nonparticipating cooperatives, multiplied by the median.

and ON AVERAGE has a PROFIT margin of

3%


NET GROWTH OF BUSINESSES

301 2013

6.0%

319 2014

2.8%

330 2015

u

u

u

Since we have started to track worker cooperatives in the U.S., there has been slight growth. 2.4%

$15.82 PER hour

338 2016

PAY RATIO

The vast majority of worker cooperatives maintain a

Reporting worker cooperatives show a workforce that is 63% people of color. This is an increase from the 2015 percentage of 59%.

37 % 43 %

2% 1% 1%

Black Latino White Asian/Pacific Islander Native American

HOW WORKER CO-OPS GET STARTED Most worker cooperatives operating in 2016 began as startups.

Conversion 23%

2 - to -1

top-bottom pay ratio or less.

The average large U.S. corporation has a CEO-to-worker pay ratio of 303-to-1, this ratio verifies that worker cooperatives are prioritizing the reduction of internal inequality over other compensation goals.

ENTRY WAGES The entry level wage paid at all reporting worker cooperatives ranged from $8.00 / hour to $50 / hour, with many clustered around

$10 - $13 PER HOUR

PATRONAGE

A substantial portion were converted from existing conventional businesses. Other/Not Known 7%

HOURLY WAGEs The typical worker makes

DEMOGRAPHICS

16 %

COMPENsATION

Worker co-ops that distribute surplus as patronage to members have a wide distribution of payments from $1,800 to $1,960,000 to the collective membership, with a median total patronage of Self-started 56%

$18,900

Incubated 14%

This report is based on the participating 102 businesses, and only businesses that generated revenue and paid workers during FY2016 were included in the effort. For more information visit institute.coop/2016stateofthesector

Patronage can be a significant supplement to wages.

This report is a co-production of the U.S. Federation of Worker Cooperatives and the Democracy at Work Institute


Worker Cooperatives IN THE UNITED STATES

1

a n d

PORTLAND, OR

14 15 14 14 2013

2014

2015

2016

MADISON, WI

OLYMPIA, WA

5

2013

5

5

2014

2015

w o r k p l a c E S

2013

9

2014

2015

3

2013

12 13 12 12 2013

2014

2015

2016

5

5

2016

SEATTLE, WA

6

PORTLAND, ME

3

8

2016

MINNEAPOLIS, MN

16

17 15

14

6

5

10 12 11

2014

2015

5

2015

5

2016

NEW YORK, NY

17 18 21 20 2013

2013

2014

2015

5

8

7

13

SAN FRANCISCO, CA

14

DENVER & BOULDER, CO

4

57 58 55 50 7

ASHEVILLE, NC

6

2013

6

2014

5

2015

2014

5

2016

2015

8

LOS ANGELES, CA

16%

REGIONAL HUB

0

2013

2

2014

2

2015

4

2016

HIGH GROWTH REGIONAL HUB 10+ BUSINESSES

3%

The data included in the map refers to net growth (new and existing cooperatives, minus closed cooperatives) and only includes businesses that generated revenue in a given year, employed paid workers in the same year, and had democratic governance in place. Entities with shared finances are counted as one organization.

13%

3% 3% 4%

11%

6% 8%

8%

2016

6

3

2013

5

10 11

2014

2015

2016

5

5

2014

2015

6

2014

2015

6

2016

15

WASHINGTON, DC

7

2013

7

7

2014

2015

7

2016

5

2016

BALTIMORE, MD

2016

While there are an estimated 357 worker cooperatives and democratic workplaces across the country, this map represents hubs of activity and high growth.

2015

17

16%

36 40 39 41 2013

2014

PHILADELPHIA, PA

2013

RURAL U.S.

2016

BOSTON, MA 2013

CLEVELAND, OH

18

2016

2015

18 18 18 18

4

2016

6

2015

2014

12

2016

16

2014

MA (OUTSIDE BOSTON)

29 33 38 47

2013

2013

10

13

11 12 11 11 2013

4

2014

11

9

4

3

9

4 1 2

3

2

d e m o c r a t i c

9%

MAJOR INDUSTRIES Manufacturing Professional, Scientific, and Technical Services Accommodation and Food Services Construction Health Care and Social Assistance Transportation and Warehousing Information Educational Services Retail Trade Agriculture,Forestry, Fishing, and Hunting Waste Management Remediation Services Other

4

2013

4

2014

4

2015

4

18

2016

AUSTIN, TX

5

2013

6

2014

7

2015

8

2016


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