Seán Power
Question:265 Mr. Power asked the Minister for Finance the plans, if any, he has to encourage employee share ownership; and if he will make a statement on the matter. [9121/00]
Written Answers. - Employee Share Ownership.
As the Deputy will be aware, the Programme for Prosperity and Fairness states that the Government and the social partners acknowledge the role of ESOTs, gain sharing, profit sharing and other financial employee incentives in developing and deepening partnership and in increasing performance and competitiveness. A consultative committee, involving ICTU, IBEC and appropriate Government Departments and agencies, has been established to prepare proposals for consideration in the context of Budget 2001. The committee held its first meeting on 16 February 2000.