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EFES NEWSLETTER - NOVEMBER 2023
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Employee
Ownership Knowledge Programme 2023
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What
is the impact of employee ownership on behaviors and
on corporate performance?
It is still not so easy to get reliable information
about this.
Until recently, American research was the main provider.
This was because the United States was the only place
in the world where one could find thousands of employee
owned SMEs (ESOP companies), so econometric methods
could be used effectively to compare representative
samples of employee owned and non-employee owned companies.
Now, with the explosive growth of the number of employee
owned SMEs in the UK since the introduction of the EOT
scheme, things are changing.
For the first time, such a comparison of representative
samples of employee owned and non-employee owned businesses
has also been organized in the UK, bringing together
numerous facts, numbers and estimates.
The findings of the new "Employee Ownership
Knowledge Programme" are presented in two reports:
The Conclusion
Report and the Detailed
Report
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Press
review
We
have a selection of 30 remarkable articles in 9 countries
in October 2023: Canada,
Czechia, Germany, France, Italy, Sweden, Slovenia, United
Kingdom, USA.
Canada:
The apocalypse will not happen.
Czechia: Towards tax incentives for employee share
plans.
Germany: The full range of employee participation schemes
in Germany.
France: The amounts of employee savings in France.
Employee share ownership is slowly growing in large non-listed
companies. New employee share plans for Stellantis and Vallourec.
Business transfer through workers' cooperative in Landerneau.
Italy: Employee ownership in Great Britain.
Sweden: The still burning memory of employee savings
funds managed by unions.
Slovenia: Apocalyse now.
UK: Thanks to the Employee Ownership Trust scheme,
every day a new SME is transferred to employees. This month,
among others, the case of: Churchill Group, St Albans Nursery,
Zoonou, VMA Recruitment, MTW Architectural, Griffiths Waite,
Suite TV, Workspace Design and Build. Stories about how transitioning
to employee ownership.
USA: Why aren't there more ESOP companies?
The full press review is available
on:
https://www.efesonline.org/PRESS
REVIEW/2023/October.htm
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A
political roadmap for employee ownership in Europe
The
EFES needs more members. Download the EFES membership form
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new on the EFES website?
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