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EFES NEWSLETTER - FEBRUARY 2020
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No this is not about
Brexit.
Six new firms moved last month to the Employee Ownership
Trust scheme, the highest number in a single month since
the scheme was introduced into British law in 2014.
Like the ESOP plan in the USA from which it is loosely
inspired, the scheme aims to encourage the transmission
of SMEs to employees.
On the other hand, while presenting itself as the best
example for employee share schemes in the UK and employee
ownership as the key point of its strategy, John Lewis
department stores chain today faces the biggest crisis
in its 156-year history.
See press review for all details.
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Press
review
We have a selection of 20 remarkable articles in 6 countries
in January 2020: Burkina Faso, France, Germany, Spain, UK,
USA.
Burkina Faso: First employee share plan for Orange
Burkina.
France: France improves stock options policies for
startup employees. Successful employee share plan for Suez.
Historical leader of the French socialist party, Jean Jaurès
defended funded pension schemes.
Germany: What to do with economic inequality? - Make
it easier to establish employee-owned businesses. New calls
for legislation dedicated to the development of employee share
ownership also in Germany.
Spain: New employee share plan for Repsol.
UK: Six new firms moving to the Employee Ownership
Trust scheme, the highest number in a single month. Presenting
itself as the best example for employee share schemes in the
UK, John Lewis department stores chain today faces the biggest
crisis in its 156-year history.
USA: When New Belgium Brewing — the largest Colorado
craft brewery and the first brewery in the state to move to
the employee-ownership model in 2013 — announced that it was being
acquired by an Australian conglomerate, questions arose about
not only how this would affect the state’s independent beer
scene but how this would impact government push to increase
employee-owned companies.
The full press review is available
on:
http://www.efesonline.org/PRESS
REVIEW/2020/January.htm
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