Employee Ownership Benefits

Benefits for Business

The employee owned business sector in the UK is growing because co-owned companies tend to be more successful, competitive, profitable and sustainable.

Because they’re co-owners, staff in employee owned businesses tend to be more entrepreneurial and committed to the company and its success.

Because they have high employment standards, involve staff and give everyone a stake, employee owned businesses are better at recruiting and retaining talented, committed staff.

Because they’re run in an open way, employee owned businesses tend to have a strong commitment to corporate social responsibility and involvement with the communities they operate in.

Independent research suggests that a combination of shared ownership and employee participation delivers superior business performance.

Employee owned companies are more innovative because managers go out of their way to consult, share information about the company, and give staff responsibility.

Benefits for The Economy

Successive Governments have promoted employee ownership because they recognise its potential contribution to the economy. A range of factors combine to make employee owned businesses an asset to the UK economy:

Independent research suggests that a combination of shared ownership and employee participation delivers superior business performance.

The employee owned business sector adds to the diversity of Britain’s economy by offering a vibrant and different model for achieving business success.

Companies which are employee owned, or who have large and significant employee ownership stakes, now contribute £30 billion to GDP.

The sector is growing because employee ownership is proving to be a durable, successful business model that’s extremely well suited to the challenges of 21st century management.