Cooperatives and social enterprises may hold the key to more and better jobs

Co-operatives and social enterprises achieve employment growth at least on a par with other types of organisation, and also create good quality jobs, according to a new report by the University of Warwick, the Fondazione Giacomo Brodolini (FGB), and Eurofound.

The research team examined co-operatives’ and social enterprises’ resilience to economic changes. Based on new research, their report highlights how the management practices of these organisations helps sustain employment levels and deliver good jobs in the face of structural and cyclical economic changes.

Focusing on twenty case study organisations across five EU countries, including the UK, Peter Dickinson and Chris Warhurst in the University of Warwick’s Institute of Employment Research, Luigi Corvo and Feliciano Iudicone at Fondazione Giacomo Brodolini (FGB) and Stavroula Demetriades of Eurofound investigated the contribution of European co-operatives and social enterprises to job creation and retention; mapped the levels of public or social partner support for job creation in these organisations; and suggested ways to better support co-operatives and social enterprises so that they can continue to create and sustain good jobs.

The researchers found:

Peter Dickinson, from the University of Warwick, commented: “The challenge for UK and other European economies since the  is not just how to create jobs, but—in the era of zero hour contracts, the gig economy and flexible labour markets—how to achieve growth in good jobs.

“This study concludes that not only can cooperatives and social enterprises achieve  at least on a par with other types of organisation, they create good quality jobs. They do this through inclusive management; reinvesting and sharing ; shared values; and prioritising  not just wages and profit.”

The UK has one of the largest social  sectors in the EU, contributing around €61.6bn to the UK economy. Compared to other EU countries, the UK has a smaller number of co-operatives but a higher per capita membership, with 23 percent of the UK population in membership. This is second only to Sweden where 45 percent of the population belongs to a co-op. 32 percent of UK co-operatives are found in the health and social care sector, 10 percent are in housing, 9 percent are in retail and 8 percent are in finance.(source/PhysOrg)

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