- 4 May 2021
Re-imagining employee share plans for the 2020s
Thank you to those who were able to attend this opening event. If you missed it, you can watch the recording by clicking the link below.
Employee share plans have been shown to increase company’s productivity. They produce a more engaged and focused workforce and one which is more financially resilient. Besides being a low-risk option for building up financial capital for those at all income levels, they align employees' interests with those investing financially in the company's shares.
Despite these benefits, there have been no key changes in how they are operated for 20 years. We find policymakers have low levels of knowledge or awareness.
Thank you to our report authors and leading thinktank, the Social Market Foundation and a special thank you to our panel.
Chair: Claer Barrett, Consumer Editor, Financial Times
Scott Corfe, Research Director, Social Market Foundation
Jonathan Djanogly, MP for Huntingdon (Conservative)
Sarah Olney, MP for Richmond Park (Lib/Dem)
Peter Swabey, Executive Director, ProShare
This new report makes a case for the share ownership agenda to form a key part of a ‘fair and strong economic recovery’ narrative as we emerge from the coronavirus crisis. It argues that the case for wider rates of employee share ownership is compelling. We will discuss how employee share ownership could play a role in tackling the UK’s productivity crisis, improving economic growth, innovation and outcomes for employees such as higher wages as well as bolstering the financial resilience of UK households.