Employee Ownership Trusts: The Succession Solution Australia Can’t Afford to Ignore As Australia faces the largest intergenerational transfer of business ownership in its history, a critical question looms: how will small and medium-sized enterprises (SMEs) navigate succession as baby boomer …
An essay by Alan Greig, Board member, Employee Ownership Australia Employee ownership boosts wealth and income through workers sharing in the profits and assets of their employer. And by providing a method to share with the workforce the financial benefits …
Millennials tend to favor employee ownership because it aligns with their values of transparency, accountability, and a sense of purpose in their work, allowing them to feel more invested in the company’s success, participate in decision-making, and directly benefit from …
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 …
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: …
Sydney, 3 September, 2013; The Employee Ownership Australia and New Zealand has called for recognition from the federal government of the vital role that start-ups play in the growth of the Australian economy, with $109 billion and 540,000 jobs predicted …
