ResPublica-Prospect: UK government should promote employee share ownership
The Esop Centre, the distinct voice of employee share ownership, today welcomed the joint report published by ResPublica and the Prospect trade union.
A New Bargain: People, Productivity and Prosperity recommends that the government considers policies that would help to bring at least ten percent of private sector workers into employee share ownership by 2025. This would combat low productivity and alienation from the economy.
Centre chairman Malcolm Hurlston CBE said: “This is the kind of new thinking needed to bring the benefits of employee share ownership deeper into the economy.
“Unions and employees can play a major role alongside employers, tax advantaged schemes and advocates. To reach ambitious targets we need to add a ‘pull effect’ to the push which has not got us far enough.”
Philip Blond of ResPublica was guest speaker at the Centre’s 2017 world awards where Google won the flagship prize.
The Esop Centre is a non-profit members’ organisation, based in London, which promotes all-employee share ownership worldwide.
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Notes for editors
The winners of the World Esop Centre’s 2017 world employee share ownership awards were announced, Tuesday October 31 2017. The awards recognise the best in employee share ownership worldwide.
The ResPublica Trust is an independent non-partisan think tank. Through research, policy innovation and programmes, ResPublica seeks to establish a new economic, social and cultural settlement.