Phillips Brewing taps employees to become company owners

Phillips Brewing announced that employees who have been with the company for more than three years will be given the opportunity to become owners.

“We’ve announced that we’re starting to do an employee ownership program here at the brewery,” Matt said. “That allows staff that have been here for three years as full-time employees to start becoming owners as well which is something that we’ve always really liked the idea of and finally can make happen here.”

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Victoria’s Phillips Brewing moves toward employee ownership, company saysVictoria's iconic Phillips Brewing Company is moving toward an employee-ownership model after more than two decades under the ownership of its founder. Socialism doesn't work. All the restaurants in the CRD that tried this already went bust. phillipsbeer is my favourite. It will be depressing when their 'business model' collapses. Red Buck Ale is skunk beer. Stick with Blue Buck Ale and capitalism. Don't move this way.
Source: CTVNewsVI - 🏆 28. / 68 Read more »