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Government reforms: Employee shareholders

employee shareholders - hand holding slice of cakeIt is now confirmed that on 1 September 2013 the Employee Shareholders scheme becomes law.  This is the scheme whereby employers will be able to offer to swap some employment rights, including those relating to redundancy, for at least £2,000 of shares.

There was a large amount of opposition to this scheme and, in order to get it through Parliament, the Government made a number of concessions.  These were that:

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