Employee ownership could boost ‘motivation and common purpose’ in insurance sector firms

Employee wellbeing

While employee owned businesses can boost productivity, they are particularly susceptible to the harsh realities of the business world

Employee ownership is on the rise. Businesses owned by staff have doubled from less than 500 in 2020 to around 1,030 today, according to the Employee Ownership Association (EOA), which represents firms owned or transitioning to the new status. 

Insurance might be missing out on something special.  

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