The most positive and wide-ranging benefits of employee ownership have been confirmed in a landmark UK report released in October, 2023. The new research suggests that the fast-growing UK employee ownership sector is markedly outperforming the UK’s national productivity trend …
Here’s the full, original report: Fit for Work? Health and Wellbeing of Employees in Employee owned Businesses This report was commissioned by the Employee Ownership Association in the UK and sponsored by the John Lewis Partnership some years ago. It …
The ATO has released the following updates regarding the Employee Share Scheme (ESS): Electronic Reporting Specifications (ERS) There are no changes to Employee share scheme reporting for the 2022 – 2023 financial year. Versions of the ERS are as follows: …
Canadian business owners have a new option to consider when contemplating their exit strategy: Employee Ownership Trusts (EOTs). Announced in the 2023 Canadian budget in March 2023 is draft legislation to facilitate the use of EOTs. EOTs allow employees to acquire …
Employee ownership in Australia is becoming more familiar to us but we still lag behind our overseas counterparts. For example, in the United States there are currently an estimated 10 million employee owners. The US-based National Centre for Employee Ownership …
From the Peter Cox Event recently held by the EOA and sponsored by Greenwood Freehills, Coops Australia and the International Year of the Cooperative, 24th January 2012 The John Lewis Story is incredibly well known globally and has been gaining …
1. It improves the bottom line Study after study confirms that companies that implement broad based and extensive employee ownership or ESOPs improve their performance as a result – and outperform companies that are similar but have no employee ownership. …
