Introduction

ProEFP is a European network promoting economic democracy in Europe. It enjoys the support of a number of organisations of different kind, from business, trade unions, advocacy and research areas, sharing a common idea: employee financial participation and employee ownership can make European free market a more democratic space.

ProEFP studies, promotes, encourages all forms of employee financial participation and a larger diffusion of share/equity ownership among employees.

ProEFP has started in 2010 on the initiative of a number of organisations that led to the Information and Communication Project: Promoting Employee Financial Participation in the EU27, co-financed by the European Commission, ended in year 2011.

  • Today ProEFP is a Europe-wide network whose aim is:
  • promoting economic democracy and in particular employee financial participation and employee share/equity ownership
  • encouraging partnerships and common projects among its members
  • spreading works and activities of its members to a larger public
  • sharing experiences and promoting best practices of employee financial participation and employee share/equity ownership

In line with previous well received action co-financed by the European Commission, the ProEFP4 project wants to explore how employee participation and collective bargaining support each other revitalizing the nexus between statutory rules and collectively agreed rules to boost employee participation in European companies. It does it going through the current EU acquis in the field of information, consultation and participation rights of employees and exploring how changes in collective bargaining national systems have impacted a correct implementation of these rights at national and European level. The focus is therefore on the legal tools, which set a clear nexus between collective bargaining and information, consultation and participation rights. The benchmark is the commerce and service sectors. In this sense the research will tell how the policy option may be of use in concrete terms.