Helsingin Sanomat about Employee Savings Funds in Finland

Personnel funds are swelling rapidly, the funds can contain almost 200,000 euros per member
Working life|Two changes in the law coincide with the time of the increase in the number of personnel funds.
The co-operation agent working in connection with the Ministry of Labor and Economic Affairs supervises the legality of the funds. MORE

Ireland urged to follow UK in encouraging employee ownership

Marie Flynn
Ireland should follow the UK in introducing tax advantages for employee-owned companies, a business group has said.
The Irish ProShare Association (IPSA) made the call after digital marketing agency Wolfgang Digital became the first Irish-owned company to become employee-owned using an employee ownership trust (EOT), the model popularised by British retailer John Lewis. MORE

The Canadian Employee Ownership era is about to begin

Last week, the final details of a tax incentive to encourage business owners to sell to their employees through the new Employee Ownership Trust were released. Sellers who sell a majority of their companies will be entitled to up to 10M in tax-free capital gains.
This approach follows the US and UK, who have seen massive increases in employee ownership following the introduction of tax incentives. In both countries, as in Canada, these incentives are intended to balance the additional cost, risk and complexity of selling to workers. MORE

Exploring the potential of the Employee Ownershipbusiness model

“Giving all workers a greater stake in the company they work for is a powerful way of aligning the interests of employees with that of the business. A worker who has a financial and personal stake in a company will take more responsibility for its success. The evidence shows that this is reflected in the economic strength of such companies: lower absenteeism, a happier workforce and […] less staff turnover, higher profitability. These companies also tend to be more resilient in tough economic times.” Nuttall Review, 2012

see more

PEOPLE POWERED GROWTH

The UK is leading the world in the speed of growth of employee ownership, with countries such as Canada, Australia and Denmark amongst others looking to learn from UK policy and practice.

see more

OWNERSHIP WORKS

New Nonprofit Ownership Works Launches Movement to Help Create
at Least $20 Billion in Wealth for Working Families Through Employee
Ownership Programs

READ MORE

Does Employee Stock Ownership Work? Evidence from publicly-traded firms in Japan

This paper provides novel evidence on the effects of employee stock ownership (ESO), using new panel data on Japanese ESO plans for a highly representative sample of publicly-traded firms in Japan (covering more than 75% of all firms listed on Tokyo Stock Exchange) over 1989-2013. Unlike most prior studies, we focus on the effects of changes in varying attributes of existing ESO—the effects on the intensive margin. Our fixed effect estimates show that an increase in the strength of the existing ESO plans measured by stake per employee results in statistically significant productivity gains. Furthermore, such productivity gains are found to lead to profitability gains since wage gains from ESO plans are statistically significant yet rather modest.

MORE

Was für Mitarbeiterbeteiligungs-modelle gibt es?

VADUZ – Mitarbeiterbeteiligungsmodelle können verschiedentlich ausgestaltet sein und haben somit auch unterschiedliche Folgen. Durch Mitarbeiterbeteiligungsmodelle werden diverse Ziele verfolgt, und kann dies eine Anbindung an die Unternehmensziele und die Unternehmensentwicklung auf Seiten der Mitarbeiter fördern. Sowohl auf Arbeitgeber-, als auch auf Arbeitnehmerseite, kann dies motivierend wirken und das gemeinsame Zusammenwirken fördern.

MORE

Proudly powered by WordPress | mdimension.tech