A bill to establish an Employee Ownership and Participation Initiative, and for other purposes.

Worker Ownership, Readiness, and Knowledge Act or the WORK Act

This bill requires the Department of Labor to: (1) establish within the Employment and Training Administration an Employee Ownership and Participation Initiative to promote employee ownership and participation in business decisionmaking; and (2) establish a program that may include grants for outreach, technical assistance, and training to encourage new and existing state programs to foster employee ownership and participation in business decisionmaking.