A Guide to Employee-Owned Architecture Firms, by Those Who Have Made the Change
Throughout 2020 and 2021, the world of work has been subject to a relentless evaluation, triggered by the COVID-19 pandemic. Conversations around remote working, asynchronous office hours, and workers’ wages have gained added agency, as almost all economic sectors seek to balance health and safety with turnover and productivity. Stepping back from specific employment topics such as these, COVID-19 has also caused a more fundamental re-evaluation of how work shapes our lives. A study earlier this year found that 66% of unemployed Americans were considering changing their occupation, dwarfing levels seen during the 2008 recession, while research by McKinsey found similar metrics even among those still in employment.
Within this context, it is perhaps no surprise that the topic of employee ownership of businesses has gathered pace. In a time where many are critically reflecting on how meaningful or fulfilling their core occupations are, the idea of employment generating results for the employee beyond a monthly salary, and a voice beyond tiring annual feedback sessions, is an attractive offer.