Employee ownership: good for business and good for society.
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...
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EOG NEWSReforming the taxation of employee share schemes
The Austrqalian Tax Office has a new web-page explaining the tax legislation enacted in December, 2009.
Employee Share Schemes Legislation Passed
The Tax Laws Amendment Bill covering the new tax rules for employee share schemes was passed in the Senate on 2nd December.
Link to newspaper article by EOG member, Geoff Price on the new legislation for employee share schemes
Employee Share Ownership and the Progressive Economic Agenda
Research report by Per Capita sponsored by EOG. Interested in ESOPs?Complete the form below to learn more about becoming an EOG member.
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