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Financial Participation

Large trade unions in Portugal, as exemplified by the case of the Portuguese trade union Confederação da Indústria Portuguesa (CIP), view employee financial participation as a rather low priority issue. They are not generally hostile to the issue, but there are no active efforts from their side to support the implementation of employee financial participation.

Overall, Portuguese trade unions prefer profit-sharing schemes to employee share ownership. Decisive for this attitude may be that employees have a tendency to sell their shares almost immediately after acquiring them, so that the middle- and long-term aim of increasing their participation in company profits is not achieved.1

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.