Benefits of a Co-operative Culture
All of the above savings will go straight to the bottom line of increased performance, and research findings are showing that for profit making enterprises average increases of 40% in profit can be anticipated. Mondragon co-operatives are TWICE as profitable as comparable Spanish firms and have the highest labour productivity in the country.
Non-profit making enterprises can operate within this framework by employees achieving pre-determined performance goals.
Productivity improves, enterprise success occurs, individual pride, satisfaction and motivation increases. The social environment is more inclusive, individuals feel less alienated, and improved social cohesion will have an indirect positive effect on individual’s health and ultimately, in a small way, maybe even the national health budget.