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Sharing ownership with employees is a powerful approach to creating value for all stakeholders of a business. To realise the true potential of shared ownership, it is also essential to develop employees' understanding of your business, what ownership does and does not mean.
Based on the learning gained by setting up its own employee ownership trust, Axiz has established the Inqolobane (“Grain Hut”) Programme to help other organizations transform to employee-ownership structures.
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You could be looking at employee ownership for any of these reasons:
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Employee ownership can result in increased share value and contribute to achieving a broad range of strategic business objectives |
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Employee Ownership is a viable solution for empowering South Africa's employees and building a productive empowered company, through making your employees shareholders in the company |
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Employee Ownership - is the best example of Broad Based BEE |
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Among qualified employee benefit plans, employee owned trusts (EOT) have the ability to borrow money. This results in the possibility of "leveraged EOTs" being used as a technique of corporate finance |
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Creating an organizational culture in which people feel and act like owners and which therefore results in performance improvements but also presents particular leadership challenge |
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Potential benefits of employee ownership:
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Build employee commitment
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Reduce employee turnover |
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Improve on-time performance
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Improve customer/client service
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Improve your empowerment position
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Improve quality: reduce scrap rates, product returns, write-offs
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EO carries TAX incentives for the company
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Improve operating efficiency, through put, labour utilization
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Improve project, business unit, and company profitability
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For more information, please contact the Employee Ownership Association Africa on
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