The Money with Katie Show

The $175K Factory Worker: What Happens When Employees Own Stock


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Given private equity’s reach (1 in 25 work for a business owned by a PE firm), the industry has the power to shape work culture at scale, for better or for worse. And ironically, that’s exactly why Pete Stavros, co-head of global private equity for KKR, thinks he’s in a unique position to bring employee ownership to the mainstream.

Pete’s goal? To dramatically expand the number of Employee Stock Ownership Plans (ESOPs) that grant ownership shares to workers: “Imagine how different our economy and our country would be if workers owned a slice of every company in America.”

Transcripts, show notes, production credits, and more can be found at: https://moneywithkatie.com/esops.

Money with Katie’s mission is to be the intersection where the economic, cultural, and political meet the tactical, practical, personal finance education everyone needs.

All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Alpha is an AI research tool powered by GPT-4. Output from Alpha is not investment advice and should be verified for accuracy. 

APY as of 3/13/25,  subject to change.

*Terms and Conditions apply.

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