Employee ownership: good for business and good for society.

Employee ownership provides a means by which the mass of employees can become direct co-owners of the businesses where they work.

 

Employee share ownership has been developed as a way of reforming one of the key problems confronting the free enterprise economy: how to share the ownership of society's capital resources among the widest number of people without compromising either private ownership or economic freedom.

 

Without the kind of widespread joint ownership offered by employee share plans, there is no sure ground upon which to reconcile the old hostility between capital and labour. 

 

In Australia today the chief beneficiaries of the current model of Employee Share Ownership Plans (ESOPs) are the employees of publicly listed companies. However, the overwhelming majority of private sector employees work for unlisted companies and private companies - and these often face insuperable barriers to implementing employee share plans.

 

The Employee Ownership Group - as a network of corporations committed to "ESOPs for All" - is working hard to change this situation .

 

For more information on how we will do this, see our policy paper here...