Employagé
Employagé is a term used to describe a person who is employed by a company but is also a shareholder in that company. The term is a blend of the words "employee" and "shareholder." Employagés are typically involved in the management and decision-making processes of the company, often holding significant ownership stakes. This dual role can create a unique set of challenges and benefits for both the employagé and the company. On one hand, employagés may have a vested interest in the company's success, which can lead to increased motivation and commitment. On the other hand, conflicts of interest can arise, as the employagé's personal financial interests may not always align with the company's long-term goals. The structure of employagé arrangements can vary widely, from simple shareholder agreements to complex ownership structures involving multiple stakeholders. Overall, the employagé model is a form of ownership that combines the benefits of employment with the potential rewards of share ownership.