Skip to main content
Become a member
  • Register
  • Login

Register Login
Press Releases

Enforced profit-sharing would “deter investment”- IoD

16 Mar 2015

Responding to reports that the Labour party is considering plans to force companies with 50 employees or more to set up a profit-sharing scheme with staff, Simon Walker, Director General of the Institute Of Directors, said:

 "We cannot believe that the Labour leadership will take such an obviously counterproductive measure seriously. Employee profit-sharing can work well for companies who choose it, but it has to be up to them. This idea would give companies with 49 employees a very strong incentive not to grow. Far from this being a model to follow, the French government is actually attempting to reduce the bureaucracy that kicks in at 50 workers because they know it is damaging job creation.

"The UK has a productivity problem, but it cannot be solved with a quick fix, and certainly not with a policy which could only deter investment".

Contact IoD South

For more information, please contact

020 7766 8805


Branch and staff contacts can be found on the main Contacts tab

IoD South
116 Pall Mall