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Financial Participation

In Norway the trade unions are typically in a strong position. In recent years they have developed a more open attitude with regard to profit-sharing or employee share ownership schemes.

In Norway the trade unions are strong and employee participation in company decision-making is underpinned by a robust legal and institutional context.1 Over half of all employees in Norway are members of a trade union. The Norwegian Confederation of Trade Unions (LO) is the largest and most influential trade union organisation in Norway.2 The majority of Norwegian employees have a positive attitude towards workers’ financial participation. The trade unions, by contrast, are traditionally sceptical towards them. More recently, however, this stance has begun to change and Norwegian trade unions are becoming more and more accepting of profit-sharing and employee share ownership schemes as a modern form of personnel management.3

Wilke, Maack and Partner (2014) Country reports on Financial Participation in Europe. Prepared for www.worker-participation.eu. Reports first published in 2007 and fully updated in 2014.