Simon & Schuster Employee Ownership

Empowering Every Voice: Broad-Based Ownership at Simon & Schuster

At Simon & Schuster, we believe that the stories we tell are only as powerful as the people behind them. We foster a culture of accountability, where we respect and embrace fresh ideas that spark positive change. Together, we drive our ambition forward, aiming to set the standard as a high-growth, top-performing leader in the publishing industry. That’s why on December 13th, 2023 we proudly introduced our Broad-Based Ownership Program, a transformative initiative that gives everyone—from editors and designers to our dedicated warehouse employees & support staff —a stake in our success.**

What is Broad-Based Ownership?

In essence, this program allows our employees to become shareholders in the company, ensuring that the success of Simon & Schuster is shared with the very people who help drive it forward. Whether you’re shaping narratives, discovering new voices, or supporting the creative process, your contribution matters—and now, it comes with a share of the rewards.

As employee-owners, everyone at Simon & Schuster should:

We spread ownership to everyone in the company and treat them like business owners. We value their input and, more importantly, act based on it.

We foster curiosity, prompt open dialogue, and consistently measure engagement. We provide important information about the business and its performance, ensuring employees have a voice in company operations and investment decisions.

We provide employees with access to financial literacy training and coaching and learning and development opportunities. The more we know, the greater the impact we can make together.

**The Simon Shares Program is a financial benefit program which is paid following the successful transition of full ownership from S&S’s majority owner, KKR, Inc. All eligible employees are enrolled at hire with no personal financial contribution required.

Simon & Schuster is part of Ownership Works, an organization that helps companies implement shared ownership, also called employee equity. This means that your hard work not only drives the company forward but also earns you a stake in the growth you help create. With Ownership Works, employee equity becomes a valuable addition to the comprehensive compensation we offer.