Tej Gonza’s Post

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Director at the Institute for Economic Democracy / Research Fellow at Rutgers University / Researcher at University of Ljubljana / Council Member at Cankarjev dom, Ljubljana

Yesterday, the Slovenian government endorsed the concept behind the sloESOP Act. 🙌   The Employee Ownership Cooperative Act - the sloESOP Act - is based on the policy proposal produced by the Inštitut za ekonomsko demokracijo. The Act will introduce the Cooperative ESOP model designed based on the experience in the USA (1974), the UK (2014), Canada (2024), and soon in Denmark. The legislation will address a number of existing barriers and provide a fiscal incentive to establish sustainable broad-based employee ownership in businesses. We expect the support for ESOPs leading to widespread use of the model in the Slovenian economy. Interestingly, in the UK, employee buyouts through the EOT model became the second most popular choice for exiting owners last year, just after the PE buyouts, overtaking family succession. 🤞 We hope the government will continue the efforts and pass the sloESOP Act by the end of 2024. https://lnkd.in/dP9zi3wE

Vlada potrdila izhodišča Zakona o lastniški zadrugi delavcev | GOV.SI

Vlada potrdila izhodišča Zakona o lastniški zadrugi delavcev | GOV.SI

gov.si

Patrik Witkowsky

Senior Sustainable Finance Advisor at ChemSec

5mo

Fantastic work Tej! Do you have a source for the UK employee buyout fact (it being second to PE)?

Congrats Tej Gonza and team! We know how hard it is to get new legislation and each successful step is a reason for celebration! 🎉

Andy Farquharson

Founder @ a better monday, Host @ Alternative Exit | Buying great companies from retiring owners and transitioning to them employee ownership

5mo

Congrats Tej Gonza, a huge achievement! Following hot on the heels of Jon Shell’s great work in Canada this is showing that governments globally are waking up to benefits of employee ownership #employeeownership

🥧 Thomas Lewin

Your Work, Your Wealth. You deserve great employees, you deserve less stress, you deserve to sell your business.

5mo

Yeah, I mean that GST exempt is a big influence. Good on the UK for establishing a really good incentive to promote Employee Ownership, I'm sure this will help UK generations to come. 🙌

Vasja Bocko

Runner / Mädchen für alles / Deklica za vse 🏃♀️

5mo

A bodo delavci v Livarni Maribor končno kupili podjetje in ga rešili?

Goran Loncar

Sustainable Development | Hospitality | Wine Education

5mo

Thanks for sharing

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