Employee-shareholders
An employee-shareholder contract is a type of employment contract that was introduced on 1 September 2013.
Employee shareholders are given shares in the business in exchange for foregoing certain employment rights, including the right to claim unfair dismissal (except where the dismissal is automatically unfair or discriminatory) and the right to receive statutory redundancy pay.
If the employer follows the right procedure, any employee or prospective employee of a company can become an employee shareholder.
Labour would help workers ‘take back control’
A future Labour government would “rewrite the rules of our economy” and would help workers “take back control”, John McDonnell...
Labour would create ‘Ministry of Employment Rights’
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BT to allocate £50m shares to employees
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Richer Sounds founder hands over stake in company to employees
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Founder Julian...
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Labour plans compulsory employee share ownership
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How rethinking executive pay can act as a catalyst for change
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Deliveroo plans to make permanent staff shareholders
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Gig economy
MPs...
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Employee-shareholder contracts rarely used
“Employee shareholder”, the employment status introduced by the coalition Government for workers to waive certain rights in exchange for a...
The benefits and challenges of employee share incentives
Recent academic research looking into the impact of employee share ownership provides some fairly compelling data to support arguments that...
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