How does EO benefit employees?

Question 1

Describe an EO culture

Answer 1

Inherent in an EO culture is a greater stake in the business, often through share ownership & profit sharing, awareness of business performance information & involvement in decision making.

Question 2

Are there financial incentives for employees?

Answer 2

There are tax incentives (payments are gross of tax & NI) for contributions to Share Incentive Plans as well as the reality that you can contribute to & benefit from an increased share price & share in the profits generated by the business.

Question 3

What other benefits are there for employees?

Answer 3

Employee-owners have higher levels of job satisfaction, feel a greater sense of achievement, fulfilment and job security and are more likely to recommend their workplace than employees in non-employee owned businesses.