Employee Ownership Australia and New Zealand (EOA) was formed in July 2011 out of the Australian Employee Ownership Association (AEOA). EOA has the same principles as those shared of the AEOA’s founders. When AEOA was formed by 20 companies in 1986 its principles were to be a member-focused, non-profit association. Its purpose was to assist members with their employee ownership (or co-ownership) plan, employee engagement and involvement and employee participation levels.
In March 2011 the AEOA undertook a strategic review. This happened at the same time as the Employee Ownership Group decided to wind down. The EOA was formed to ensure that there is a voice for broad based employee ownership and dynamic workplace participation in Australian and New Zealand companies. The EOA is an organisation focussed on engaging with and helping companies that have or want to implement employee ownership or employee share plans.
EOA is independent and entirely member funded.
EOA’s core aims are:
- to be the centre of excellence for companies seeking to implement or support employee share ownership or ESOPs;
- to be the voice on employee share ownership issues in Australia and New Zealand;
- to encourage research into the productivity impacts of employee ownership;
- to encourage government at all levels to develop taxation and other incentives to promote employee ownership; and
- to provide exceptional services to our members.