EFES NEWSLETTER - SEPTEMBER 2006
6. Europäische Konferenz
in Brussel - 14.-15.-16 December 2006. Thema: The European
Employee Ownership Top 100. Hier
Programm und weitere Informationen
travel and accommodation expenses could be reimbursed !!
Thanks to our sponsors, EFES will be able to cover your
travel and accommodation expenses for the Sixth European
Meeting of Employee Ownership. Click
here for detailed information
"Mitarbeiterbeteiligung in Österreich"
Am 22. August wurde die Studie "Mitarbeiterbeteiligung in
Österreich im Rahmen des Forums Alpbach von AK-Experten
Heinz Leitsmüller und WKÖ-Experten Ralf Kronberger gemeinsam
präsentiert. 1700 Arbeitgeber und 900 Betriebsräte wurden
new information about employee ownership in August 2006,
with 940 articles in our press review (on which 238 about
We made a selection of 29 articles in 12 countries.
The scandals about stock options got new developments
in France and the US (122 articles). All major candidates
to French Presidency declared willing to restrain or even
forbid stock options in the future. Similar reactions appeared
in other countries like Italy, Austria or UK.
Austria: A new wide research was published about
employee share ownership and financial participation schemes
France was the hottest place regarding employee
ownership in August. The new legislation is going to be
voted by the Parliament in autumn, while AXA launched its
new employee share ownership plan.
Germany: the German "Mitbestimmung" (co-decision) has now 30
years and some reflections are done about the future.
Ireland: Eircom issue being now concluded (Eircom's
Employee Share Ownership Trust from 21.5% to 35%), the air
company Aer Lingus will be the next, privatisation bringing
wider place for employee ownership.
Kingdom: Royal Mail continues to work on its controversial new employee
USA: SAIC - one of the biggest employee-owned company in the
world (43.000 workers) – decided to go public, but new obstacles
have to be faced. A number of articles give interesting
examples of employee ownership in companies (UPS, Sheridan,
CI Travel, Delta Medical Center). On the other hand, be
careful with "ESOP fables": Hundreds of workers at Hoover Co. (the vacuums) are searching for a way to buy
their company, but experts say adopting an employee stock
ownership plan to save jobs is a tough route.
The full press review lists 940 articles, on which 243 in
France, 189 in the USA, 133 in Argentina, 72 in Spain, 46
in Brazil, 44 in Ireland, 40 in Italy, 29 in Germany, 23
in South Africa, 22 in Canada, 20 in India, 11 in Australia,
10 in Austria, 8 in UK, 5 in Colombia, 4 in Jamaica, 4 in
Uruguay, 3 in Belgium, 3 in Thailand, 2 in Bolivia, 2 in
Botswana, 2 in Chile, 2 in China, 2 in Egypt, 2 in Mexico,
2 in Peru, 2 in Switzerland, 2 in Tunisia, 2 in Venezuela,
1 in Barbados, Bengladesh, Costa Rica, Japan, Kenya, Netherlands,
New Zealand, Nicaragua, Russia, Trinidad & Tobago.
The press review is available
REVIEW - August 2006.htm
company can be a partner of the TOP 100 project and the
Sixth European Meeting of Employee Ownership
Neu in Österreich:
Plattform Mitarbeiterbeteiligung Österreich
Survey on Employee Share Ownership and Work Values
New European report, by Erik Poutsma and others: "Changing
Patterns of Employee Financial Participation in Europe -
A survey among listed firms in Six European Member States"
Click here to download
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