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EFES NEWSLETTER - DECEMBER 2016
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Barometer
of Employee Ownership Policies
The
new edition of the "Barometer of Employee Share
Ownership Policies in European Countries" is just
released.
Except in France, all recent policy choices in Europe
pave the way towards higher incentives for employee
ownership:
· Poland prepares
a dedicated legislation.
· The Swedish government
is considering the introduction of a favorable tax-qualified
option regime for small and medium sized companies,
which could take effect from January 2018.
· In Ireland, a new
share scheme incentive focused on SMEs would be introduced
in 2018.
These new developments confirm the positive trend observed
since 2013. Most recent policy decisions regarding employee
ownership in Europe are positive. More information
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Press
review
We have a selection of 22 remarkable articles in 5 countries
in November 2016: France, Italy, South Africa, UK, USA.
France: New employee share plans for Atos, for Bouygues,
for Europcar. New employee shareholders association for SoLocal
Group. Employees have always been Essilor’s largest shareholder.
The multiple ways to set up employee share ownership in a
French company. 85 stories about workers' cooperatives in
France.
Italy: Difficult times for employee shareholders associations
at BancaMPS and Telecom Italia. A new government fund to support
employee share ownership.
South Africa: Uncertainty continues over the use of
employee share ownership schemes.
UK: New firms turning to the Employee Ownership Trust
scheme in Scotland.
USA: Description and purpose of an Employee Stock Ownership
Plan. Tax incentives to promote increased use of employee
stock ownership plans include advantages for the sponsoring
company and the participating employees. New firms turning
to ESOPs.
The full press review is available
on:
http://www.efesonline.org/PRESS
REVIEW/2016/November.htm
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A
political roadmap for employee ownership in Europe
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