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MPs from all Political Persuasions Stick up for Free Share Plans for Start-ups

MPs from all Political Persuasions Stick up for Free Share Plans for Start-ups

MPs from all Political Persuasions Stick up for Free Share Plans for Start-ups

13 December 2016 – Laure de La Raudière,  conservative MP (Les Républicains) for Eure-et-Loir and Luc Belot, socialist MP (Partie Socialiste) for Maine-et-Loire published yesterday a vibrant column defending the mechanism of attributing matching shares in the world of start-ups.

The text was co-signed by other MPs, both right and left-wing: Olivier Carré (LR1 for Eure-et-Loir), Virginie Duby-Muller (LR1 for Haute-Savoie), Corinne Erhel (PS2  for Côtes-d’Armor), Laurent Grandguillaume (PS2 for Côte-d’Or), Lionel Tardy (LR1 for Haute-Savoie).

The MPs point out the virtues of free share awards for companies that still have few means of remuneration: “ Free share awards are to innovative 2015 start-ups what profit sharing and participation schemes were to factories in 1945: a wonderful wealth redistribution tool based on merit. It particularly enables companies to finance alternative forms of remuneration to that of pay, but above all, to foster employee loyalty in a very competitive market. If certain wrongdoings must be punished, this exercise of control shouldn’t resort to unfavourable taxation policies for the whole of the economic fabric.

On the contrary, it’s vital to establish a clear and stable fiscal framework to support the development of expanding companies. And the MPs could conclude with a cry from the heart : « We are committed to linking employees to their company’s success through a 21st century social partnership.”

 

Click here to read the column

 

1  Les Républicains

Partie Socialiste