CONTRIBUTION OF EMPLOYEE
SHARE OWNERSHIP TO THE EUROPEAN CONVENTION
The purpose of the European Convention is to consider key questions about the
future development of the European Union, and to identify possible
answers.The European Convention invites organisations representing
civil society to participate in the meeting of the European
Convention on 24 and 25 June 2002. In
this view, EFES sent the following contribution to the Convention:
CONTRIBUTION OF EMPLOYEE SHARE OWNERSHIP TO THE EUROPEAN CONVENTION
Employee ownership can bring a substantial contribution to economic
and social development and to employment in Europe. The generalization
of employee ownership and participation improves growth, adding
up to 1% to the national product, on an annual basis. In terms
of employment on the European scale, this is potentially millions
of additional jobs.
Throughout Europe, collective social responsibility should see
employee ownership as a major element in the European strategy
Employee ownership and participation make a significant contribution
to economic and social progress. They combine excellence in
labour productivity and business performance with a broad, constructive
social contribution. They are growing all over the world.
Employee owners are neither just employees
nor just shareholders but co- entrepreneurs. They are creating
a new voice and seeking to make it heard at its rightful level,
they are new social partners.
In this field, Europe is behind the times.
Some Member States of the European Union are still indifferent
or negative to employee share ownership and this contributes
to the trans-national obstacles that hamper its development.
This attitude helps to justify European institutions in their
wait-and-see stance of reinforcing the status quo.
The European Federation of Employee Share Ownership calls for
stronger community initiatives aiming for economic and social
development and integration of the European Union.
Following the European Parliament in its Resolution of January
1998, we call for the creation of a European Institute for Employee
Ownership and Participation.
Mathieu, Secretary General, May 29, 2002
of the civil society have a main opportunity to provide input
to the European debate through the Convention’s Forum. This
is a network which allows member-organisations to submit contributions
on any aspect of the future of the European Union, and through
this network, to influence the work of the Convention itself.
You can find out more about the Forum by accessing directly
its own website on http://www.europa.eu.int/futurum/index_en.htm