Topic summary
Cooperatives
Extracted from the Wikipedia article Cooperative.
Working conditions
Cooperatives are often said to offer better working conditions than regular firms. This is demonstrated by the fact that cooperatives have a lower turnover rate (rate of workers leaving a firm) compared to regular firms. However, cooperatives do not always show improved working conditions compared to traditional businesses. In fact, the different nature of cooperatives imply that the nature of the working conditions within the cooperatives is also different.