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EFES NEWSLETTER - OKTOBER 2018

Employee share ownership? Which one?

How to make employee share ownership really work? If there is one thing that absolutely everyone believes in the UK, it is that employee share ownership is a very good thing. However, the new proposals due to the Labour Party provoke violent controversies.
What really matters is not just the shares but the rights, obligations and extent of ownership attached to them. Full rights or imitations? In the Labour Party version, "employee" ownership would not really be an ownership scheme: Employees would not be able to buy or sell the shares that would be notionally theirs... See more information in Press review


Press review
We have a selection of 25 remarkable articles in 6 countries in September 2018: Canada, France, Hungary, India, UK, USA.
Canada: Ten years of employee share ownership for Harmac mill, after previous owner went bankrupt.
France: New employee share plan for Vinci, for Michelin, for Cap Gemini. Free shares for all Alstom  employees. Eres Group's annual study reveals that 2018 will be a great year for employee share ownership in France.
Hungary: The new legislation of 2015 helps to revive employee share ownership in Hungary.
India: Attempts by public sector banks to put in place employee share purchase plans and stock options are quite recent.
UK: Violent controversies following new proposals from the Labour Party. Employee-owned John Lewis' profits dive by 99% as Brexit row erupts. New small companies turning to the Employee Ownership Trust scheme.
USA: In the last two years, two new bills have made their way through the legislative chambers with the aim of encouraging employee ownership in U.S. companies. The new legislation had co-sponsors on both sides of the political aisle. It is the most far-reaching employee share ownership legislation to pass US Congress in over 20 years. Tokens instead of stock options? New companies sold to employees through ESOPs.

Den vollständigen Presseüberblick erhalten Sie unter:
              http://www.efesonline.org/PRESS REVIEW/2018/September.htm 


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Marc Mathieu
Generalsekretär
EFES - EUROPEAN FEDERATION OF EMPLOYEE SHARE OWNERSHIP
EFAK - EUROPÄISCHE FÖDERATION FÜR ARBEITNEHMERKAPITALBETEILIGUNG
Avenue Voltaire 135, B-1030 Brüssel
Tel: +32 (0)2 242 64 30 - Fax: +32 (0)2 791 96 00
E-mail: efes@efesonline.org
Web site: www.efesonline.org
Die EFES ist die Dachorganisation für kapitalbeteiligte Arbeitnehmer, Unternehmen und jeder Person, Gewerkschaft, Experte, Forscher, Institution, die Arbeitnehmerkapitalbeteiligung in Europa fördern wollen.

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