Worker Cooperatives are businesses that are worker owned and democratically managed. The ultimate decision making power of a worker cooperative rests with the members, with one member, one vote. Every worker is a member, after a temporary trial period when then join. Membership requires active participation in the cooperative and terminates when a member leaves. The one member one vote rule insures cooperatives remain democratic.
A worker cooperative’s earnings are distributed to the members or retained by the cooperative for business purposes. This can result in higher wages since profits are not distributed to outside shareholders.
More information on worker cooperatives can be found through these resources: