Tags: shares-for-rights

ifs ProShare 2013 Annual Award Winners Announced

Companies from the travel and tourism, IT and the oil and gas industries were the big winners in the prestigious 2013 annual ifs ProShare Awards Ceremony. The 2013 ceremony saw the emergence of several smaller companies, alongside some more traditional names, to claim awards for their contribution to the employee share ownership industry over the past year. Amadeus…

90% of firms do not support ‘shares for rights’ scheme

A flagship Government initiative allowing organisations to offer shares in return for removing certain employment rights is likely to fail because an overwhelming proportion of firms think it will be damaging to their business – according to a survey of over 500 UK companies by national law firm, Irwin Mitchell. The so called ‘shares for…

Govt pursues shares-for-rights scheme despite lack of support

The government has decided to press ahead with its plans for ‘employee-owner’ contracts despite a lack of support among either employers or employees. A consultation by the Department for Business, Innovation and Skills revealed that most organisations would choose not to take up the new rights, which were announced by Chancellor George Osborne in his…