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Home > Create Stronger Communities > Enterprising Communities >

Employee Share ownership: a win - win solution

How does a director and shareholder turn his equity into a retirement fund and ease out of a business to enjoy semi-retirement? For one Director, employee share ownership was the answer.

“From the retiring owner’s point of view, it is living the great Aussie statement of ‘putting your money where your mouth is’," says Gary Davis, Finance Manager at Box Built, a company that manufactures timber crates and boxes at Acacia Ridge in Brisbane.

"The Employee Share Ownership Plan generates more stability, care and trust among staff and leads to tremendous improvement in productivity and growth.”

For the story of this enterprising company, follow this link to the Pigs Will Fly website (opens in a new browser window)



For further information

Contact  :  Pigs Will Fly website
Address  :  PO Box 412 Warrandyte, VIC, 3113
Mobile  :  0408 514 380
Email  :  editor@pigswillfly.com.au
WWW  :  http://www.pigswillfly.com.au


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Last modified: 21 Aug 2006