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The union’s president Joseph Mathunjwa said the employee share options at platinum mining houses had to be revisited because they only benefitted a select few: “We need to re-engineer the entire employee share option plan.
I believe that the shares that have been given to individuals should be given to the workers…”In an article recently published in the Financial Mail Transcend Capital got the opportunity to mention its take on Employee Share Ownership Plans: “…To strongly align employer and employee goals, schemes need to be large enough to meaningfully improve workers’ future wellbeing, while expectations must be managed through a shared understanding of key business disciplines and a culture that enables employees to feel they are “co-owners” is needed…”
To read the full article, please click here http://www.financialmail.co.za/coverstory/2014/06/19/a-stake-in-the-system(Participative capitalism – A stake in the system – By Nick Hedley, Financial Mail
