Today, the Employee-Owned S Corporations of America (ESCA) released a survey by John Zogby Strategies that finds employees who work at private, employee-owned companies are more confident about their jobs and less anxious about their financial futures than other workers. The survey underscores a key benefit of employee stock ownership plans (ESOPs) which economic research has shown provide more retirement savings, higher wages, and job stability for workers across industries. The survey also finds these employee-owners worry far less about being able to cover expenses – like mortgage and rent payments, student loan costs or other unexpected bills – than does the rest of the population.

“Businesses, workers, and policymakers alike recognize that employee ownership is a proven solution to Americans’ persistent economic anxieties,” ESCA Chairman Denny Scott, Chief Financial Officer at Burns & McDonnell, a 100 percent employee-owned business, said  in a press release. “By giving employee-owners a stake in their companies’ successes, ESOPs provide workers with peace of mind and knowledge that they can provide for their families for years to come,” he added.

Read more: Workers at employee-owned business more optimistic than other workers | nnbw.com