Although there is increasing interest in the financial participation of employees in their enterprises, there is great diversity in the schemes that are used. This report provides a comparative overview of the nature and extent of financial participation in the EU. It looks at the existing forms of financial participation, the reasons for their application, the preconditions and the impact on employment relationships. It also covers recent research into the subject and highlights the success and failure, advantages and disadvantages of various schemes in operation in Member States. Special attention is given to the different types of employee share ownership and their relationship with the three other pillars of employee participation - direct participation, representative participation and participation via collective bargaining. Finally, financial participation is shown to be an important instrument in the promotion of social dialogue and employee involvement in the enterprise.
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