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EFES NEWSLETTER - SEPTEMBER 2015
| 2.000.000.000
Euro to promote employee ownership |
| Two
billion Euro: On the scale of Europe, this is the estimated
tax cost to the US Federal Government for ESOP-specific
incentives in 2014 (US$ 1.9 billion). By comparison,
a new study was just published on the impact of employee
ownership and ESOPs on layoffs and the costs of unemployment
to the Federal Government. The data show that employee-owners
are far less likely to lose their jobs than non-employee-owners.
In turn, these low job losses saved the Federal Government
US$17 billion in 2014 alone, making clear that ESOP
incentives have been an excellent investment for the
taxpayer, for the Federal Government and for the US
economy as a whole. |
|
| This
is exactly what we need in Europe too: The same ESOP
model, with the same fiscal incentives, for the same
macroeconomic balance. The ESOP (Employee Stock Ownership
Plan) is the most effective model in the world for employee
ownership in SMEs. It provides private owners with the
best way to sell their company to employees, and for
employees to become owners at low risk. More
information |
Press
review
We have a selection of 46 remarkable articles in 7 countries
in July and August 2015: Austria, Belgium, France, Germany,
Ireland, UK, USA.
Austria: Remarkable cases about employee share ownership
in Austria: ACP, AMAG, voestalpine.
Belgium: Belgian best-employer 2015 encourages employee
share ownership.
France: Remarkable cases in France: CITEL, Thermador.
New employee share plan for Vallourec and AXA. A French
vision about John Lewis Partnership. New legislation ("Loi
Macron") comes back to higher tax incentives for free
employee share awards.
Germany: STIHL celebrates 30 years of employee share
ownership.
Ireland: The practice of offering share options to
employees has, for many companies, increasingly become part
of the package.
UK: Employee-owned firms celebrate their model. The
Economist doesn't like employee ownership too much. New
employee ownership trust for PB Design. Employee-owned Hatfield
Colliery closed in June with the loss of 430 jobs.
USA: "ESOP plans, which have been around for
decades as a way to spread corporate riches among workers,
are back in the news as Hillary Clinton, Bernie Sanders
and other populists look to tackle income inequality."
The impact of ESOPs and the costs of unemployment in the
USA. New Top-100 ranking of majority employee-owned US companies.
How does an employee stock ownership plan work?
Den
vollständigen Presseüberblick erhalten Sie unter:
http://www.efesonline.org/PRESS
REVIEW/2015/August.htm
|
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