25 signatures reached
To: All MPs
Employee Share Ownership
Please enact legislation to oblige profitable companies to issue shares annually to all employees to dramatically redress the growing polarisation of wealth ownership.
Why is this important?
When a company increases its value by growing its business organically it is through the joint efforts of its workforce and shareholders. Profits reinvested are wages forgone by the workforce as well as dividends forgone by shareholders; moreover customer goodwill is created and sustained by the workforce. But at present only existing shareholders profit from a gain in company value and the contribution of the workforce is unrecognised. A modest annual grant of shares to all employees would redress this injustice.
