Izar, case of study in the Parlament European

Izar Cutting Tools will be example of best practices in a study that the Europarlamento has realised on the ‘financial participation of the workers in the company'. The analysis realised by the European parliament suits that the financial participation of the employees (EFP by his acronyms in English) is a mechanism to promote a greater cooperation between owners, steering and workers, what redunda in a greater harmony and some lower labour conflicts. This to his time allows to the company have a greater flexibility and productivity, what turns it into more competitive.

One of the keys is that the workers-shareholders keep a vision and a commitment on a long-term basis of the business, without mattering them too much the movement of his actions in the short term.

This study reviews the development of said participation in the Europe of the 27 and shows a positive dynamics between the years 2000 and 2009, in spite of the financial crisis. For this analyse eight cases of all Europe with the intention to identify and promote the best practical to continental level and one of these eight cases is precisely the one of Izar. The study does upsetting in the path of the company along his more than centenarian history, underlining the sacrifices that had to realise his workers in the decade of the 90 to be able to do charge of the company until turning into it what is nowadays, a European referent in the manufacture and innovation in tool of cut of quality, whose products export to more than 80 markets of all the world. Without forgetting his social commitment, so much inside the company, promoting the durable employment of quality, as in the society in which it assent , through numerous contributions.

The work detains to analyse the structure of gobernanza of Izar (board of directors, board of shareholders…), that contributes to that all the realities of the company see represented and have his quota of participation in the gestión of the same. Also recalca positively the commitment of the Biscayan signature with the employment of long length and, simultaneously, with the voluntary acquisition of actions by part of the workers, what to his time turns them into proprietary of his future.

The analysis can consult in his whole (in his English original version) in the following link of internet: http://www.europarl.europa.eu/committees/fr/studiesdownload.html?languagedocument=en&file=76091. The concrete case of Izar presents from the page 133.