Organized labor has been very proactive in using ESOPs as a strategy for improving worker representation.

Question

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Organized labor has historically focused on collective bargaining and unionization as primary strategies for improving worker representation, rather than employing Employee Stock Ownership Plans (ESOPs), which are more commonly used by companies as a way to give employees a stake in the business, potentially aligning their interests with those of the company.

Organized Labor Has Been Very Proactive in Using ESOPs as a Strategy