EFES NEWSLETTER - APRIL 2018
Employee
representation on Boards |
Employee
representation on boards is usual in many large European
companies, either in Boards of Directors or in Supervisory
Boards.
Employee
representation on boards is highly sophisticated in
France. Altogether
employee representatives are present on boards covering
66% of employment in large French companies.
This
is through unions or workers councils for 59% and it
is for 32% through employee shareholders representatives
(while both unions or workers councils and employee
shareholders are present in 25% of cases). More
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World's
First Institute for the Study of Employee Ownership |
Rutgers
School of Management (New York) launches the world's
first academic "Institute for the Study of Employee
Ownership and Profit Sharing". The new global research
hub will be dedicated to addressing economic inequality
through capital shares. It will expand the existing
research programs, develop promising scholars worldwide,
and explore new collaborations, with the goal of building
a more inclusive economy for workers and their families.
More
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Press
review
We have a selection of 36 remarkable articles in 7 countries
in March 2018: Belgium, France, Italy, Japan, Poland, Spain,
USA.
Belgium: Strong decline in the number of employee shareholders
in Belgium.
France: First electronic edition of the annual "Employee
Shareholder Guide". New employee share plan for Schneider
Electric, for Arkema. Good and bad days for workers cooperatives
in France. Participative management contributes to better
public health at lower costs. Essilor: Workers shareholders
want to be represented on the Board of Directors.
Italy: Employee shareholders association face complex
changes at Italiaonline and Telecom Italia.
Japan: Bandai Namco promotes employee share ownership.
Poland: Gazolina has been a pioneer of employee share
ownership in Poland. This is where French General de Gaulle
found his inspiration.
Spain: New employee share plan for Gas Natural. Business
creation in Murcia Region in 2017.
USA: Rutgers School of Management launches the world's
first academic "Institute for the Study of Employee Ownership
and Profit Sharing". A recent survey shows most employees
(76%) have never exercised their stock options or sold shares
that are part of their equity compensation. What is an ESOP?
The new Omnibus Bill adds strong public support for ESOPs
companies. Numerous new firms turning to ESOPs.
The full press review is available
on:
http://www.efesonline.org/PRESS
REVIEW/2018/March.htm
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A
political roadmap for employee ownership in Europe
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new on the EFES website?
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