Financial Participation of Employees in Estonia

Raul Eamets, Niels Mygind, Natalia Spitsa

    Research output: Working paperResearch

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    Abstract

    Presently, legal regulation of participation of employees – financial participation as well as participation in decision-making – is not well developed in Estonia. On the one hand, it is due to the fact that no tradition of employee participation could have been formed after Estonia became independent because different, contrary political aims, e.g. development of the free-market economy and promotion of national elites, were given priority. Although employee ownership emerged during the early stage of privatization, it was a temporary phenomenon. Earlier experience with employee participation in decision-making was considered to be a relict from the time under Soviet rule and, therefore, to be discredited and not worth following. On the other hand, the solution of current employment and social problems is not associated with a higher level of participation of employees.
    Original languageEnglish
    Place of PublicationFrederiksberg
    PublisherCEES, Copenhagen Business School
    Number of pages36
    Publication statusPublished - Nov 2006
    SeriesWorking Paper / Center for East European Studies. Copenhagen Business School
    Number60

    Cite this

    Eamets, R., Mygind, N., & Spitsa, N. (2006). Financial Participation of Employees in Estonia. CEES, Copenhagen Business School. Working Paper / Center for East European Studies. Copenhagen Business School, No. 60