![Some of the staff at Melin Tregwynt](/responsible-business/sites/maingel2/files/styles/post_featured/public/images/Some%20of%20the%20Melin%20Tregwynt%20team_cropped%20%281%29.jpg.webp?itok=bZpYH8BK)
Employee Ownership Day is the annual celebration of Employee Ownership (EO) for thousands of employee owners, EO businesses and EO supporters to join together, informing and educating on the benefits of employee ownership and takes place on 21 June 2024.
If you want to sell your business or are looking to grow your business and reward and retain staff, EO is an innovative option with proven commercial benefits. By transferring ownership to your employees, you can enjoy the maximum value of your business and improve business performance whilst also ensuring your legacy will last long into the future.
With research showing that employee-owned businesses are stronger performing with employees who are more engaged and committed, EO is also becoming increasingly popular with entrepreneurs creating new businesses, to help attract and reward talented employees and drive business growth.
For further information please select the following links:
- Employee ownership | Business Wales - Social Business Wales (gov.wales)
- Employee Ownership Solutions (employeeownershipwales.co.uk)
Not your ‘run of the mill’ business model!
The Welsh Government is celebrating doubling the number of employee-owned businesses in Wales - including a highly regarded woollen mill - almost two years ahead of schedule.
Today, on Employee Ownership Day (Friday 21 June), the Welsh Government has announced it has reached its aim of 74 Wales-based businesses being under employee control. This new total had already grown from 37 in 2021 to 63 last year.
The 2026 target was set by previous Economy Minister Vaughan Gething in 2022, hand in hand with a commitment to support buyouts by workers and help ensure Welsh companies remained in Welsh hands. For further information please select the following link: Not your ‘run of the mill’ business model! | GOV.WALES