An updated report, Why Employee Share Ownership Matters by the Employee Share Ownership Centre reaffirms the significance of employee share ownership plans. The report provides a comprehensive update on the economic, social, and policy case for employee share ownership.

Key takeaways:

• For businesses: Esops improve recruitment, retention, productivity, and resilience—especially during economic downturns.
• For employees: Share ownership delivers financial rewards, enhances engagement, and strengthens influence in workplace decision-making.
• For society: Esops support sustainable communities, reduce inequality, and align closely with the UN’s Sustainable Development Goals.
• For policymakers: Education, taxation, legislation, and research are vital levers to foster employee ownership at scale to enhance economic productivity and innovation.

Backed by decades of research and practical success stories, the report challenges governments and businesses to move beyond narrow tax discussions and embrace the broader societal and economic benefits of shared ownership. Employee share ownership is a somewhat overlooked tool to address the UK's current productivity problems.

The authors wish to thank Adam Green and Jennifer Rudman of Equiniti for their recent research with the Purpose Coalition cited in the report.

Read the report: http://www.esopcentre.com/documents/4085