Top 50 employee-owned companies – total sales of £20.5 bn
In a recent article from Co-operative news the top 50 employee owned businesses were listed and reviewed.
The top 50 is made up of 23 businesses that are 100% employee owned whilst 9 are less than 50% owned, together they represent over 151,000 employees. The list is headed by John Lewis with revenue of £8.5bn and 80,000 employees.
Published by the Employee Ownership Association and prepared by Capital Strategies the report reveals a 4.6% increase in sales and an increase by 3.3% in employee numbers, importantly productivity year-on-year has increased by 4.5%.
Sir Charlie Mayfields, said: ” These are exciting times for Employee Ownership. There’s unprecedented interest from both the public and private sectors fuelled by the desire for a better form of ownership. There has been tremendous progress over the last year or so and we hope it will encourage more companies to pass their business onto their staff and help create a more plural and balanced economy.”