EUROPEAN ELECTION 2019
ARE 10 MILLION EMPLOYEE SHAREHOLDERS IN EUROPE
we are 10 million employee shareholders in
Europe, 30 million voters including families.
This is the result of vigorous growth in line
with the European Union's policy whose goal
for 30 years has been: "Employee share
ownership for all".
we would need to multiply that number six-fold
to be comparable with the USA. Europe is still
a long way from reaching its goal.
evidence shows that the benefits of such a
policy are significant not only for employees
and businesses, but for society in general.
This is what the European Parliament and the
Commission have affirmed for a long time.
the benefits of employee share ownership are
even greater and better known: Sales and employment
boosted by 2.5% a year in SMEs with employee
share ownership. Only half the layoffs, bankruptcies
or closings. Fewer jobs lost and therefore
lower unemployment costs for the public purse.
Absenteeism reduced by 51% in large companies.
Hundreds of billions of Euros held by employees
in European company shares. Representation
of employee shareholders on the main boards
of 30% of the largest companies in France...
the other hand, 14 European countries still
don't have any specific legislation for the
development of employee share ownership, and
lack of information and scepticism are prevalent
in many of them.
significant progress in Europe, the goal is
still far from being achieved.
"missing link" in European policy
is well known: A European Action Plan to raise
awareness and information about the benefits
of employee share ownership throughout Europe.
It was requested by the European Council in
2000, announced by the Commission in 2002,
prepared by a Pilot Project in 2014, the need
was reaffirmed through the European Parliament's
Resolution of 23 October 2018, yet it has
still to be put in place. This is what we
are calling for.
ask all Members of the European Parliament
and candidates in the next elections to support
this proposal. We invite all interested people,
companies and organisations in Europe to sign
up to our Manifesto.
TIME FOR EMPLOYEE SHARE OWNERSHIP… IT'S TIME
FOR EUROPE !