Guest Blog Post by Corey Rosen, Founder of the US National Centre for Employee Ownership . In 2014, the United Kingdom passed a law providing a tax exemption for business owners selling to an employee ownership trust (EOT). An EOT is somewhat similar …
The Oxford Symposium on Employee Ownership is a global gathering of leaders, stakeholders, and government decision-makers in the field of employee ownership. This unique annual event at Oxford University in the UK – which this year is on from 6th to …
As an instrument of government policy, employee ownership is economically effective, politically attractive and socially just. Employee Ownership Australia (EOA) believes that ownership matters, because the way business is owned largely determines its behaviour, its horizons, its values, its longevity …
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 …
Employee owned social care businesses have been growing rapidly in number overseas. More recently, Employee Ownership Trusts (EOT’s) have been entering this field, such as the UK’s now largest employee owned care provider Be Caring which has 800 employees. There …
Employee-owned businesses not only demonstrate resilience and growth, they also provide – through their governance structures – for employee engagement and ‘voice’ in their operations. Employee-owned businesses structured as “Employee Ownership Trusts” (EOT’s) typically have a tripartite governance structure, consisting …
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 …
This document, prepared by employee ownership specialists at Fieldfisher and King & Wood Mallesons, offers a step-by-step guide to preparing for employee ownership in Australia.
