The Department for Business, Innovation and Skills has published for consultation further details regarding the proposal to introduce a new form of employment status (the 'employee owner'): see here (pdf). Under the proposals, which received a mixed reception when announced last month, employee owners will forgo certain employment rights in return for receiving shares in the company.
Thursday, 18 October 2012
UK: Government consults on 'employee owner' proposals
The Department for Business, Innovation and Skills has published for consultation further details regarding the proposal to introduce a new form of employment status (the 'employee owner'): see here (pdf). Under the proposals, which received a mixed reception when announced last month, employee owners will forgo certain employment rights in return for receiving shares in the company.
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