Tag Archives: employee share ownership

Nick Clegg: Employee share ownership helps build a stronger economy and a fairer society

Way back in 1983, when I first entered a Liberal office as a 15 year old, I took away with me a leaflet which talked about industrial democracy and employee share ownership. This is an idea which has been around for a lot longer than that and it’s something Nick Clegg has been keen to get us all talking about again.  I should point out that this is nothing to do with George Osborne’s “shares for rights” idea much scorned by Liberal Democrats and which was heavily defeated in the Lords last week as Tracy Connell wrote on this …

Posted in News | Also tagged and | 29 Comments

Opinion: Time to quash Osborne’s employee-owner status

I would like to make a plea to MPs of all parties not to support the new employee-owner status and to table an amendment to remove it from the Growth and Infrastructure Bill. Buried in section 25 of the Growth and Infrastructure Bill (as amended in Public Bill Committee), it seeks to provide a new employment status involving company shares in exchange for worker rights. It is due at report stage and third reading in the

Posted in Op-eds | Also tagged and | 10 Comments

Opinion: Liberal Reform response to ‘Shares for Rights’

Liberal Reform has responded to the BIS Consultation on ‘Employee owner’ status. Like most Lib Dems we do not see that there is any need for this and it is noticeable that no evidence has been presented that this reduction in employee rights would make any difference to growth. We are also concerned that an association in people’s mind between owning shares and losing rights will put people off owning shares in their employers, through well established plans like Save As You Earn .

We believe that there are two additional questions which need to be asked:

  • How will the legislation

Posted in Op-eds | Also tagged | 8 Comments

Protecting workers’ rights: Give your views on Osborne’s shares for rights

Time is running out to take part in the Employee Share Ownership Consultation, which ends on 8th November 2012. Please complete this consultation and help the Lib Dems send a message to Osborne that workers’ rights are not up for grabs.

The full consultation document sets out the proposal for a new employment status of employee share ownership, but where the employee gives up employment rights in exchange for company shares. There is also a summary of the proposal on the treasury website.

Some points to consider:

The government suggest this scheme is voluntary, but what about those on Job …

Posted in News | 17 Comments
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