MM, EFES EN




              Guido Antolini
The framework of existing Employee Financial
                   Participation
EU Com (2002) 364 - Financial Participation should
 comply with:
- Voluntary participation
- General employee access
- Clarity and transparency
- Predefined formula
- Regularity
- Avoiding unreasonable risk for employees
- Distinction between wages and salaries and income from
  financial participation schemes
- Compatibility with worker mobility
LARGE COMPANIES HAVING EMPLOYEE SHARE PLANS
%
      Graph first year plans
100                                                                      UK
                                                                         FI, IE, FR
                                                                         NL
 90                                                                      BE, SV, DA
                                                                         CH
                                                                         EUROPE
                                                                         NO
 80
                                                                         DE, IT

 70                                                                      ES

                                                                         11 NEW MS
 60
                                                                         AT
                                                                         PL
                                                                         GR
 50
                                                                         PT

 40


 30


 20


 10


  0
      1950                     1960   1970   1980   1990   2000   2010
LARGE COMPANIES HAVING EMPLOYEE SHARE PLANS
%
      Graph first year plans
100


 90


 80
                                                                       2008
 70


 60


 50


 40
                                                                1999
 30


 20


 10
                                                    1986
  0
      1950                     1960   1970   1980      1990   2000     2010
%            LARGE COMPANIES HAVING EMPLOYEE OWNERSHIP
100          vide                                               UK
                                                                FI, IE, FR
                                                                NL
 90                                                             BE, SV, DA
                                                                CH
                                                                EUROPE
                                                                NO
 80
                                                                DE, IT

 70                                                             ES

                                                                11 NEW MS
 60
                                                                AT
                                                                PL
                                                                GR
 50
                                                                PT

 40


 30


 20
       cooperativi di
         lavoratori
 10


  0
      1950          1960   1970   1980   1990   2000     2010
%      % COMPANIES HAVING BROAD-BASED EMPLOYEE SHARE PLANS
100               vide




 90                                                                                                                            CZ FR

                                                                                                                          UK
 80


 70
                                                                                                                     HU
                                                                                                                IE
                                                                                                        CY MT
 60
         53,3 %                                                                         NM
                                                                                             EU DA NO
                                                                                   SL
 50                                                                           ES
                                                                      SV AT

 40                                                              DE
                                                        FI NL CH
                                             BE LV SK
 30                                     IT
                                PT BG
                           RO
 20                   GR
                 PL

 10

      EE LT LU
  0
      EE LT LU PL GR RO PT BG IT BE LV SK FI NL CH DE SV AT ES SL NM EU DA NO CY MT IE HU UK CZ FR
%               DEMOCRATISATION RATE OF EMPLOYEE OWNERSHIP
60        Democratisation ratio




                                                                                                                                        FR
50



                                                                                                                                   SV

40                                                                                                                            MT

                                                                                                                         UK
          30,1 %                                                                                                    EU
30

                                                                                                            FI NM
                                                                                                       CH
                                                                                               NL AT
                                                                                          DE
                                                                                     IE
20                                                                          NO PL DA
                                                                    BE CY
                                                               GR
                                                       IT ES
                                                  HU
10                                           SL
                                  LV PT CZ

                             SK
     BG EE LT RO LU
0
     BG EE LT RO LU SK LV PT CZ SL HU IT ES GR BE CY NO PL DA IE DE NL AT CH FI NM EU UK MT SV FR
%               DEMOCRATISATION RATE OF EMPLOYEE OWNERSHIP
60        Democratisation ratio




                                                                                                                                        FR
50



                                                                                                                                   SV

40                                                                                                                            MT

                                                                                                                         UK
          30,1 %                                                                                                    EU
30

                                                                                                            FI NM
                                                                                                       CH
                                                                                               NL AT
                                                                                          DE
                                                                                     IE
20                                                                          NO PL DA
                                                                    BE CY
                                                               GR
                                                       IT ES
                                                  HU
10                                           SL
                                  LV PT CZ

                             SK
     BG EE LT RO LU
0
     BG EE LT RO LU SK LV PT CZ SL HU IT ES GR BE CY NO PL DA IE DE NL AT CH FI NM EU UK MT SV FR
DEMOCRATIZATION RATIO OF EMPLOYEE OWNERSHIP
Ratio            DEMOCRATISATION RATIO OF EMPLOYEE OWNERSHIP
                            in largest European companies by origin in 2010
                                 (29 European countries - 2.467 largest European companies - 32,6 million employees)
180         Belgian Presidency
                                                                                                                                         FR

160


                                                                                                                                    CY
140                                                                                                                            SV



120                                                                                                                       UK

           EU = 100                                                                                               FI EU
100

                                                                                                             CH
 80                                                                                                     NO
                                                                                             DE IE AT
                                                                                     NL DA
 60                                                                             BE

                                                                     MT ES PL
                                                                GR
                                                           IT
 40
                                                 NM SL
                                           HU CZ
                                   PT LV
 20                          SK

        BG EE LT RO LU
  0
        BG EE LT RO LU SK PT LV HU CZ NM SL IT GR MT ES PL BE NL DA DE IE AT NO CH FI EU UK SV CY FR
%         TOP EXECUTIVES’ SHARE VERSUS COMMON EMPLOYEES
100         MM, EFES EN




 90

       TOP EXECUTIVES
 80


 70


 60


 50


 40


 30


 20

                                                                        COMMON EMPLOYEES
 10


  0
      LT LU EE CY GR IT PT RO PL AT BE IE ES CH DE EU UK FI SV NL NM NO FR BG HU DA CZ MT SL LV SK

More Related Content

PDF
20080717 food crisis_session 2_wto rule contribution to food security_peters
PDF
Lost decade
PDF
Mark Jones- Resources & Energy Symposium 2012
PDF
Franco Lombardi - Convegno Asati 12 marzo 2013 v6
PDF
Volantino IperCoop Offerte
PPTX
Dr. marcin piatkowski
PDF
EC4333 Lecture 9
PPTX
Working at later life
20080717 food crisis_session 2_wto rule contribution to food security_peters
Lost decade
Mark Jones- Resources & Energy Symposium 2012
Franco Lombardi - Convegno Asati 12 marzo 2013 v6
Volantino IperCoop Offerte
Dr. marcin piatkowski
EC4333 Lecture 9
Working at later life

More from Asati (20)

PDF
Timing
PPTX
Maurizio Matteo Decina Convegno Asati 12 marzo 2013
PPT
Fogliati l'azionariato diffuso a difesa dei mercati e del risparmio - Conve...
PDF
Lettera cda 5 novembre 2012
PDF
Lettera ministro fornero
PDF
Lettera presidente monti
PPT
Il modello asati per la rete
PDF
Bernabè a inizio 2013 piano di tagli aggressivo
PDF
Sole24ore19ottobre2012
PDF
Azionisti o dipendenti con azioni in deposito presso intermediari bancari
PDF
Istruzioni Delega Dipendenti Telecom Italia
PDF
Lettera ai sindacati Ass. azionisti telecom italia -
PDF
Iscriviti ad ASATI
PDF
Comunicato asati 20luglio2012
PDF
IL GOVERNO E LA CONSOB INTERVENGANO SULL’ANDAMENTO DEL TITOLO IN BORSA
PDF
Asati: LA SOCIETÀ DELLA RETE NON PUÒ PIÙ ASPETTARE
PDF
Lettera azione resp 25052012
PDF
Asati: Assembela Azionisti TI 2012 a porte chiuse?
PDF
Comunicato asatiassembleaazionisti15maggio2012
PDF
Intervento francolombardiasati15052012
Timing
Maurizio Matteo Decina Convegno Asati 12 marzo 2013
Fogliati l'azionariato diffuso a difesa dei mercati e del risparmio - Conve...
Lettera cda 5 novembre 2012
Lettera ministro fornero
Lettera presidente monti
Il modello asati per la rete
Bernabè a inizio 2013 piano di tagli aggressivo
Sole24ore19ottobre2012
Azionisti o dipendenti con azioni in deposito presso intermediari bancari
Istruzioni Delega Dipendenti Telecom Italia
Lettera ai sindacati Ass. azionisti telecom italia -
Iscriviti ad ASATI
Comunicato asati 20luglio2012
IL GOVERNO E LA CONSOB INTERVENGANO SULL’ANDAMENTO DEL TITOLO IN BORSA
Asati: LA SOCIETÀ DELLA RETE NON PUÒ PIÙ ASPETTARE
Lettera azione resp 25052012
Asati: Assembela Azionisti TI 2012 a porte chiuse?
Comunicato asatiassembleaazionisti15maggio2012
Intervento francolombardiasati15052012
Ad

Antolini azionariato dipendenti in italia - Convegno Asati 12 marzo 2013

  • 1. MM, EFES EN Guido Antolini
  • 2. The framework of existing Employee Financial Participation EU Com (2002) 364 - Financial Participation should comply with: - Voluntary participation - General employee access - Clarity and transparency - Predefined formula - Regularity - Avoiding unreasonable risk for employees - Distinction between wages and salaries and income from financial participation schemes - Compatibility with worker mobility
  • 3. LARGE COMPANIES HAVING EMPLOYEE SHARE PLANS % Graph first year plans 100 UK FI, IE, FR NL 90 BE, SV, DA CH EUROPE NO 80 DE, IT 70 ES 11 NEW MS 60 AT PL GR 50 PT 40 30 20 10 0 1950 1960 1970 1980 1990 2000 2010
  • 4. LARGE COMPANIES HAVING EMPLOYEE SHARE PLANS % Graph first year plans 100 90 80 2008 70 60 50 40 1999 30 20 10 1986 0 1950 1960 1970 1980 1990 2000 2010
  • 5. % LARGE COMPANIES HAVING EMPLOYEE OWNERSHIP 100 vide UK FI, IE, FR NL 90 BE, SV, DA CH EUROPE NO 80 DE, IT 70 ES 11 NEW MS 60 AT PL GR 50 PT 40 30 20 cooperativi di lavoratori 10 0 1950 1960 1970 1980 1990 2000 2010
  • 6. % % COMPANIES HAVING BROAD-BASED EMPLOYEE SHARE PLANS 100 vide 90 CZ FR UK 80 70 HU IE CY MT 60 53,3 % NM EU DA NO SL 50 ES SV AT 40 DE FI NL CH BE LV SK 30 IT PT BG RO 20 GR PL 10 EE LT LU 0 EE LT LU PL GR RO PT BG IT BE LV SK FI NL CH DE SV AT ES SL NM EU DA NO CY MT IE HU UK CZ FR
  • 7. % DEMOCRATISATION RATE OF EMPLOYEE OWNERSHIP 60 Democratisation ratio FR 50 SV 40 MT UK 30,1 % EU 30 FI NM CH NL AT DE IE 20 NO PL DA BE CY GR IT ES HU 10 SL LV PT CZ SK BG EE LT RO LU 0 BG EE LT RO LU SK LV PT CZ SL HU IT ES GR BE CY NO PL DA IE DE NL AT CH FI NM EU UK MT SV FR
  • 8. % DEMOCRATISATION RATE OF EMPLOYEE OWNERSHIP 60 Democratisation ratio FR 50 SV 40 MT UK 30,1 % EU 30 FI NM CH NL AT DE IE 20 NO PL DA BE CY GR IT ES HU 10 SL LV PT CZ SK BG EE LT RO LU 0 BG EE LT RO LU SK LV PT CZ SL HU IT ES GR BE CY NO PL DA IE DE NL AT CH FI NM EU UK MT SV FR
  • 9. DEMOCRATIZATION RATIO OF EMPLOYEE OWNERSHIP Ratio DEMOCRATISATION RATIO OF EMPLOYEE OWNERSHIP in largest European companies by origin in 2010 (29 European countries - 2.467 largest European companies - 32,6 million employees) 180 Belgian Presidency FR 160 CY 140 SV 120 UK EU = 100 FI EU 100 CH 80 NO DE IE AT NL DA 60 BE MT ES PL GR IT 40 NM SL HU CZ PT LV 20 SK BG EE LT RO LU 0 BG EE LT RO LU SK PT LV HU CZ NM SL IT GR MT ES PL BE NL DA DE IE AT NO CH FI EU UK SV CY FR
  • 10. % TOP EXECUTIVES’ SHARE VERSUS COMMON EMPLOYEES 100 MM, EFES EN 90 TOP EXECUTIVES 80 70 60 50 40 30 20 COMMON EMPLOYEES 10 0 LT LU EE CY GR IT PT RO PL AT BE IE ES CH DE EU UK FI SV NL NM NO FR BG HU DA CZ MT SL LV SK