|
EFES NEWSLETTER - MAY 2025
|
The
number of business transfers to employees continues
to accelerate in Great Britain. The milestone of 2,200
transfers was reached in mid-April. In just over ten
years, 160,000 employees have become owners of their
own company, generally with 100% ownership.
|
|
|
On
average, these businesses employ 73 people. And more
and more of these companies are identifying themselves
as "proudly employee owned".
Eight out of every 100 business transfers observed in
the UK are currently being passed on to employees. How
much further can this proportion increase? Can it exceed
10%? We don't know. What is the equilibrium level for
employee-owned companies in the SME sector as a whole?
Nobody knows.
But one thing is certain: For employee ownership in
SMEs, today, for the first time in the world, we have
succeeded in implementing a model that outperforms all
others. Since 1974, the most renowned model worldwide
was the ESOP plan in the United States. The Employee
Ownership Trust model introduced in the UK in 2014
now appears to be by far the most effective.
For the first time, an in-depth academic study has just
been published, assessing the real-world impact. It
is authored by Professors Andrew Pendleton of the University
of New South Wales and Andrew Robinson of the University
of Leeds.
The
study is available here
|
Press
review
A
selection of 29 remarkable articles in 4 countries in April
2025: France, Netherlands, United Kingdom, USA.
France: Employee share ownership at the top at EssilorLuxottica.
New employee share plan for Nexans. Employee share ownership
is still growing in large non-listed companies (in French
"ETIs" – Intermediate-Sized Companies).
Netherlands: The Minister of the Economy promises fiscal
incentives to encourage employee share ownership in startups
from January 1, 2027.
UK: What is the "financial freedom" day of
a business transmission to an Employee Ownership Trust? Thanks
to the Employee Ownership Trust formula, two new SMEs are
transferred to their employees every day now. This month,
among others, the case of: Wise Event Productions, Coda Marketing
Communication, Holden Smith Law firm, Crawford Architecture,
Attraction Tickets, Searchability Recruitment, BW Interiors,
Redcliffe Imaging, Creigiau Travel, MII Engineering, Gilbert-Ash
Construction, Red Blaze Event Agency, Hines Pool & Spa,
Parsons Bakery chain, Quiet Storm digital agency, TH March
Insurance.
USA: Why firms are choosing ESOPs? ESOP transmissions
for GreatLife Golf & Fitness, for Patina. Employee ownership
in Europe. New research work evidencing sorting, incentive
and investment effects of employee stock ownership.
The full press review is available
on:
https://www.efesonline.org/PRESS
REVIEW/2025/April.htm
|
A
political roadmap for employee ownership in Europe
The
EFES needs more members. Download the EFES membership form
What's
new on the EFES website?
EFES NEWS
distribution: 200.000
|
