Employee owned businesses
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Employee owned businesses

posted in Business by Phillip Harris on 19:47 Jun 27th, 2018

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 The advantages of making your business employee-owned

The Times’ James Hurley considers why so few business owners give shares in their company to staff. The Employee Ownership Association will today publish a report exploring why relatively few British companies are employee-owned. Baroness Bowles of Berkhamsted, who chaired a year-long inquiry into employee ownership on which the new report is based, says not enough advisers inform business owners about how employee ownership could give their company a better chance of survival after their exit. The employee-ownership approach can “pay off at three levels: for individual workers, for businesses, and - most critically - for the wider economy” the report claims.

Source: The Times (25/06/2018)

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