4 results for year: 2012


New Research Finds Employee-led Businesses are Happier and Healthier than their counterparts

Speaking at a joint EOA / Cabinet Office event, EOA Chief Executive Iain Hasdell said: “It is unsurprising that employee owners feel more empowered and in control than other workers. Being an employee owner is not simply about ownership of shares – directly or indirectly – but empowerment and involvement in decisions about the business. So it’s heartening to see that job satisfaction is higher amongst employee owners, with 4 out of 5 happy to recommend their organisation as a place to work. He continued: “This new report shows that people in employee-owned companies feel much greater involvement in decision-making at work, which feeds ...

West Highland Free Press – the UK’s only employee owned paper

The West Highland Free Press became Britain’s first employee-owned newspaper in October 2009, and as we move into our 4th year of employee ownership, we still remain the only UK newspaper to have followed this business model. To understand why we chose to become employee-owned, you first need a little back ground history about the Free Press and the industry as a whole. The Free Press was founded in 1972, and since its birth, formed an enviable reputation for the quality of its hard-hitting, campaigning journalism as well as a keen sense of how a newspaper should represent and serve its local community. From the outset the Free Press campaig...

Workplace Rights and Employee Ownership

Following the publication of the Nuttall Review earlier this year, a new consultation "Implementing Employee Owner Status" was launched by Ms Swinson on 18 October, closing 8 November. You can read our formal response to the consultation here. The Department for Communities and Local Government introduced The Government’s Growth and Infrastructure Bill for its first reading in the House of Commons on 18 October – containing proposals to create “a new employment status ‘employee-owner’ in order to increase the range of employment options businesses may use as they grow and adapt their workforce.” This in practice means legisla...

Nick Clegg Opens New EOA Office in Sheffield

The EOA’s chief executive, Iain Hasdell, was joined by Gripple Chairman Hugh Facey and a number of other local employee owned business representatives to witness Mr Clegg ‘cutting the ribbon’ and to participate in a question and answer roundtable. Nick Clegg MP said: “I am a strong advocate of co-owned firms because they put more people in the driving seat and allow employees to reap the benefits of their hard work. All the evidence shows that these companies are more successful and leading to faster economic growth. You only have to look at Sheffield’s Gripple to see just how successful an employee owned business can be. “Empl...