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EFES NEWSLETTER - JULY 2018
| New
website showcasing employee ownership |
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Employee-Owned America is a new website that features
the basics of employee ownership, news, events, and
fresh ideas.
It
is on www.employeeownedamerica.com
Employee-Owned America highlights the stories of employee-owned
companies, the "drumbeat" of news, and thought-provoking
essays covering topics from legislation to a thought
experiments: What if Walmart were employee-owned? How
do acquisitions fit into the employee ownership landscape?
How to create more ESOP companies?...
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Press review
We have a selection of 33 remarkable articles in 9 countries
in June 2018: France, Germany, Ireland, Italy, Japan, Kenya,
Poland, UK, USA.
France: The new "PACTE Law" will bring new
incentives for employee ownership. Directors representing
employee shareholders are gaining prominence in board committees.
New employee share plans for Sanofi, for Danone, for Renault,
for Amundi, for Sopra Steria.
Germany: North Rhine-Westphalia Government will make
employee ownership in start-ups much more attractive through
tax incentives.
Ireland: Irish Government urged to come good on share
options for start-ups.
Italy: Challenge to be re-launched in Italy.
Japan: Japanese businesses increasingly favor restricted
share awards rather than stock options.
Kenya: Kenya Airways is set to issue shares worth 12
million Euro to its staff for free, reinstating its suspended
employee share ownership plan.
Poland: Prime Minister Morawiecki: "Employee share
ownership has to be recognized as one of the key projects
in our strategy of responsible development".
UK: New companies turning to the Employee Ownership
Trust scheme, "The Ownership Dividend": New Report
calling British Government to appoint a minister responsible
for promoting employee share ownership to help boost productivity
post-Brexit.
USA: A series of new firms sold to Employee Stock Ownership
Plans.
The full press review is available
on:
http://www.efesonline.org/PRESS
REVIEW/2018/June.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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