EFES NEWSLETTER - SEPTEMBER 2013
European
Commission's Action Plan for employee share ownership
The European Commission recently published its new Action
Plan. In summary, the following actions will be taken:
The Commission will analyse the subject in
more details.
The Commission will identify which initiatives
may be appropriate to encourage the development of trans-national
employee share ownership schemes in Europe.
The Commission will identify and investigate
potential obstacles to trans-national employee share ownership
schemes.
Subsequently the Commission will take appropriate
action to encourage employee share ownership throughout
Europe.
Full details about this new action plan are available for
download
here.
Press review
We have a selection of 21 remarkable articles in 9 countries
in August 2013: Australia, France, Germany, India, Poland,
The Netherlands, UK, USA, Vietnam.
Australia: Australian government is running a regulatory
review of the tax treatment and administrative arrangements
of employee share schemes.
France: French Government looking to ease employee
buyouts. New employee share plans for Axa, for Vinci, for
Steria. "How to involve employees in the company's
performance?" is the title of the free practice guide
published by the employers' association CroissancePlus.
First anniversary for workers' cooperative MyFerryLink.
Germany: Employee share plan for Kion Group after
successful IPO.
India: Employee Stock Option Plan (ESOP) is one of
the most popular ways in which companies motivate employees
to perform better and retain them.
Poland: Employee shares is a hot topic for JSW coal
miners.
The Netherlands: ABN Amro works council asks for
new participation plan.
UK: Government plans to decentralise services have
so far put more than £1 billion of public expenditure in
the hands of former employees. Employees must be at the
heart of the decision to outsource public services to a
mutual, rather than being ‘forced through’ against their
will, warn Co-operatives UK and the TUC.
USA: ESOPs are a somewhat obscure type of retirement
program. Some key features of Employee Stock Ownership Plans.
Broad-based employee stock ownership plans, if properly
designed, are the best way to ramp up productivity, new
research finds. Stock options on the verge of extinction?
Vietnam: ESOP – owner of Vietnamese newspaper.
The full press review is available
on:
http://www.efesonline.org/PRESS
REVIEW/2013/August.htm
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A
political roadmap for employee ownership in Europe
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