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EFES NEWSLETTER - MAI 2017

Only half as many layoffs

Companies with employee stock ownership had only half as many layoffs as other companies during the last two recessions.
A new study co-authored by Rutgers School of Management and Professor Douglas Kruse establishes the first conclusive link between broad-based employee stock ownership and increased employment stability in the USA.
"If good-paying, stable jobs are the economy’s goal, then encouraging employee stock ownership in companies makes a lot of sense," said Douglas Kruse.
"Employee ownership is often seen primarily as a way to improve employee relations and increase productivity, but these results show there is an important add-on effect on job stability".
More information

Press review
We have a selection of 25 remarkable articles in 9 countries in April 2017: Australia, Austria, Finland, France, Germany, Italy, South Africa, UK, USA.
Australia: Employee ownership is beginning to take off in Australia.
Austria: Income tax exemption on employee share plans increased from 1.460 to 3.000 € per year in 2016; Minister of Finance Schelling plans to double it again to 6.000€.
Finland: New employee share plan for Nixun.
France: Employees become majority shareholders of GA Group. A picture of workers cooperatives in France. Eleven proposals from the French Federation of Employee Shareholders Associations to promote employee ownership.
Germany: Why employee share ownership should be encouraged in Germany. Employee share ownership and pension savings are not in competition.
Italy: Assonline wants to shorten the distance that still separates employee ownership in Italy compared to the rest of Europe.
South Africa: Black Mountain Mining has established an employee share ownership plan through consultation between mine management and the National Union of Mineworkers.
UK:  The fall of Anton Group.
USA: For more than a decade, equity compensation where average employees get to own shares of the companies they work for through restricted stock or stock options has declined dramatically in many large publicly-traded corporations. Companies with employee stock ownership had only half as many layoffs as other companies during the last two recessions. Now firms turning to ESOPs.

Den vollständigen Presseüberblick erhalten Sie unter:
              http://www.efesonline.org/PRESS REVIEW/2017/April.htm 


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Marc Mathieu
Generalsekretär
EFES - EUROPEAN FEDERATION OF EMPLOYEE SHARE OWNERSHIP
EFAK - EUROPÄISCHE FÖDERATION FÜR ARBEITNEHMERKAPITALBETEILIGUNG
Avenue Voltaire 135, B-1030 Brüssel
Tel: +32 (0)2 242 64 30 - Fax: +32 (0)2 808 30 33
E-mail: efes@efesonline.org
Web site: www.efesonline.org
Die EFES ist die Dachorganisation für kapitalbeteiligte Arbeitnehmer, Unternehmen und jeder Person, Gewerkschaft, Experte, Forscher, Institution, die Arbeitnehmerkapitalbeteiligung in Europa fördern wollen.

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