Employee Ownership – A Missed Opportunity to Drive Transformation
Research indicates that when employees feel a sense of ownership in the organisation they work for, they have increased job satisfaction and show more commitment and loyalty which then leads to improved productivity, innovation and profitability. It’s for this reason that organisations globally use Employee Share Ownership Plans (ESOPs) as a form of employee ownership, to increase employee engagement, align employee and shareholder goals, reward employees and as a tool for business succession planning.