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First Barometer of Employee Share Ownership Policies in European Countries

June 8, 2016

For immediate release:

First Barometer of Employee Share Ownership Policies
in European Countries

The European Federation of Employee Share Ownership (EFES), the voice of employee share ownership in Europe, will release the first "Barometer of Employee Share Ownership Policies in European Countries" on June 9.
The mass development of employee share ownership brings better motivation, productivity, profitability, higher growth, more and better jobs. This is good for all. But it depends on policy will to initiate the virtuous circle through appropriate fiscal incentives.
After 2008, some European countries took negative decisions, removing or decreasing fiscal incentives, which led to a decline of the number of employee shareholders. Some other European countries took the opposite way, applying new or higher incentives, which led to a higher number of employee shareholders.
All these policy decisions in various European countries, in a positive or a negative way, can be summarized through a single dedicated tool. This is the reason of the setting up of the EFES "Barometer of employee share ownership policies in European countries".
Before 2009, the barometer showed a continuous increase, practically all policy decisions being positive. A negative phase occurred from 2009 to 2013. Since then, most policy decisions are positive again.
Marc Mathieu, Secretary General of the EFES said: "After a period of uncertainty following the financial crisis, most policy choices in European countries are returning to the promotion and development of employee share ownership. European countries had never been so numerous in this direction. It is the right way for social cohesion in Europe."
The new Barometer will be available on www.efesonline.org.

ENDS

The European Federation of Employee Share Ownership (EFES) is an international not for profit organization.
EFES is the voice of employee share ownership in Europe. It was established in 1998 as the umbrella organisation of employee owners, companies and all persons, trade unions, experts, researchers, institutions looking to promote the development of employee share ownership and participation in Europe.

EFES - European Federation of Employee Share Ownership
FEAS - Fédération Européenne de l'Actionnariat Salarié
Avenue Voltaire 135, B-1030 Brussels
Tel: +32 (0)2 242 64 30 - Fax: +32 (0)2 808 30 33
E-mail: efes@efesonline.org
Web site: www.efesonline.org

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