Bryan (he/him/his) 🇺🇸 🏳️🌈Mondragon Corporation is the world's largest worker owned coop. Profits are primarily allocated to the worker-members' capital accounts and reinvested in the coops. The highest paid executives are typically paid, at most, around 3 to 9 times as much as their lowest paid workers, compared to the average of about 300 times in the US. They employee about 70,000 people, mostly in Basque Country and Spain. They own banks, factories (auto parts, construction, etc), retail stores, including a large grocery store chain and a chain of gas stations, a university, and R&D centers.
They are proof that you can find success by taking care of your employees. They are proof that federations and co-operatives work. They are a powerful example of democratic economic organization.
MONDRAGON Corporation
Corporación MONDRAGON, referencia mundial del trabajo en cooperación, constituye el primer grupo empresarial del País Vasco y el décimo de España, con importante presencia en los sectores Financiero, Industrial, Distribución y Conocimiento.
