The 1,600+ EO sector is growing - 37% growth was reported last year.
Since the introduction of the EOT in 2014, employee ownership has grown by 90%. It has seen the sector transform from mainly large businesses to a thriving, diverse sector made up of mainly SMEs.
Although the spread of employee ownership varies region to region, the top five sectors where people powered businesses is consistently trending are:
- Professional Services (39%)
- Manufacturing (13%)
- Construction (12.5%)
- Wholesale and Retail Trade (11.6%)
- Information and communications (8%)