EOA welcomes Millennials research
The EOA welcomes research that shows there is a good match between millennial attitudes and the ethos of employee ownership.
Busting the Millennial Myth – the Power of Purpose – shows that employee ownership works well to meet the aspirations of the generation, and reveals that millennials value many characteristics of the employee ownership business model, such as profit sharing and personal development, more than previous generations did.
Launched in November by EOA members Fieldfisher and the eaga Trust, the research was co-authored by Peter Neville Lewis, founder of Principled Consulting, and Dr Ruth Yeoman, research fellow at Kellogg College, University of Oxford, and followed a survey of almost 750 employees across all age groups, and from fifty different employee-owned businesses.
Deb Oxley, CEO of the Employee Ownership Association, said
“I would like to congratulate all involved in a great piece of work that not only looks at our future workforce linked to employee ownership but also gives us an insight into the thoughts of a wide range of employee owners, which will no doubt be referenced in our future work to mainstream employee ownership.”