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 Employee Share Ownership and the post-Covid economy

The UK is looking for re-imagining employee share plans for the 2020s.

A Report was just published with recommendations for broadening the use of employee share plans as the UK focuses on the economic recovery post Covid: "A Stake in Success - Employee Share Ownership and the post-Covid economy".

It is due to the Social Market Foundation and to ProShare, the voice of the employee share plans industry in the UK.

It brings some major recommendations, including:

•  Participation in employee share plans has to be widen, and a key part of this could be redesigning tax-advantaged share plans to widen their appeal for those on lower incomes. "Share Incentive Plan rules should be amended to allow preferential access to free shares for lower income workers."

•  "Introducing a new ownership model to encourage employee share ownership to form a key part of business succession planning. The US ESOP model should be brought to the UK, with Employee Ownership Trusts (EOTs) having an option to become ESOPs where stock is allocated to individual employees rather than held in a collective pool. Embracing EOTs and ESOPs as part of entrepreneur succession planning could help widen employee ownership over time."

 "Government needs to provide support for employee share ownership, making it a key part of the economic agenda and narrative post-Covid. It should be a key component not just for a "fair recovery", but also plans to address the UK economy's longstanding issue of lacklustre productivity."

Press review
We have a selection of 23 remarkable articles in 10 countries in May 2021: Canada, France, Germany, India, Italy, Poland, South Africa, South Korea, UK, USA.
Canada: Federal budget includes commitment to explore employee ownership.
France: Large French unions promoting employee share ownership at Suez Group. What the Macron "revolution" has changed for employee savings.
Germany: Heinrich Beyer explains the new German legislation.
India: Employee stock ownership plan (ESOP) subscription services for Indian companies.
Italy: The start of a new era for employee ownership at EssilorLuxottica.
Poland: The new "Polish Deal" confirms the promise of legislation for employee ownership, against the oligarchs.
South Africa: Employee ownership is an important component of the government’s economic plans.
South Korea: Stock options for all Kakao employees.
UK: Every day a new SME is transferred to an Employee Ownership Trust. Employee share ownership could kickstart post-Covid recovery.
USA: The Big Benefits of employee ownership - The ESOP is the most common form of employee-owned company today. New Report on "Economic Recovery and Employee Ownership".

The full press review is available on:


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   With best regards



Marc Mathieu
Secretary General
Avenue Voltaire 135, B-1030 Brussels
Tel: +32 (0)2 242 64 30 - Fax: +32 (0)2 791 96 00
Web site:
EFES' objective is to act as the umbrella organization of employee owners, companies and all persons, trade unions, experts, researchers, institutions looking to promote employee share ownership and participation in Europe.