What Does Privatisation Mean to Employees? A Study of Two Water plcs

Abstract

Proponents of privatisation have claimed that it would bring advantages for those employed in the newly privatised industries. It would result in “better pay, conditions and employment opportunities for the employees” (Moore, 1983). Furthermore, each major privatisation has encouraged workers to buy shares in their company and, most have set aside a small number of free shares for employees with the result that over ninety percent of employees in the majority of these companies own shares in them. The government has argued tht as employees accumulate shares in their company the industrial relations' climate will improve because workers will increasingly identify with the interests of the company.

Citation

Harris, C. (1994), "What Does Privatisation Mean to Employees? A Study of Two Water plcs", Management Research News, Vol. 17 No. 7/8/9, pp. 126-128. https://doi.org/10.1108/eb028388