But this is a similar scenario - employees getting shares and dividends for nothing. Many of my ex-colleagues at LTSB and my current colleagues at Tesco had/have no clue as to how shares and dividends work. This will just be perceived by them as an additional income. They certainly will not...
No of course not, but I was replying to a post about improving existing share schemes as an alternative. I am just very surprised that the Labour party would even consider "encouraging" share ownership and make statements that employees could make up to £500 a year from dividends. They are...
As an ex TSB/Lloyds TSB employee, I am actually rather surprised that Labour are encouraging share ownership at all considering how risky it can be. Lots of employees owning shares won't stop stupid investment decisions by the board :)
That I agree with, but it should also be courses for jobs where a shortage has been identified as well like engineers etc. Companies should also be incentivised more to give bursaries and apprenticeships in these same areas.
My understanding is the same as yours. This is from his speech:
"We will legislate for large companies to transfer shares into an “Inclusive Ownership Fund.” The shares will be held and managed collectively by the workers. The shareholding will give workers the same rights as other shareholders...
£500 a year in dividends? That's a lot of free shares being given away. What about employees of companies that don't pay dividends? Is he going to force them to pay one? Typical conference bs policy soundbite that won't go anywhere.