September 15, 2017

UK Poll: Majority of People View Employee-Owned Firms as More Trustworthy

Executive Director

A poll conducted in the United Kingdom by YouGov found generally positive attitudes toward employee ownership. For example, 58% of respondents believe that employee-owned companies are more trustworthy than non-employee-owned firms, 44% are more likely to apply for jobs at employee-owned companies, and 41% are more likely to buy products from employee-owned companies. The study was commissioned by the Employee Ownership Association (EOA) of the UK and supported by Cooperative Development Scotland. The chief executive of the EOA, Deb Oxley, commented on the report: "At a time when the UK faces economic uncertainty, the opportunity for businesses that are driven by the collective effort and passion of their employee owners could not be any more relevant."