Evolve Insights

Is Employees’ Ownership the way to go?

As it appeared in the Daily Nation on June 30th 2020 Dr Lucy Kiruthu Do you own a share of the company where you work? If the company where you work is traded publicly at the Nairobi Securities Exchange, have you bought its shares? If the company’s shares are privately held, are you one of its shareholders? The idea that employees can own the companies where they work is not too foreign. Locally, I know of a few companies that provide their employees with share ownership. Some are startups that offer all their employees share options from inception. Others are large well-established companies that offer their senior managers share options, have stock-based compensation schemes or match employees share purchase. Is it likely that employees’ ownership in companies is the future? I believe that employees owned companies are becoming more and more attractive to employees and even to employers.  One of the largest employed owned companies is Publix…
Dr. Lucy Kiruthu
June 30, 2020