Labour Member

A member of an organisation created with FairShares Model Articles of Association who qualifies for membership by virtue of a qualifying labour contribution. In a FairShares company or co-operative, Labour members are allocated Labour and Investor Shares. Labour Members in a FairShares Association have the same rights as Labour Shareholders in terms of governance, but do not own Labour Shares.

Labour membership a useful concept for associations that want to qualify as a Non-Governmental Organisation (NGO) / Non-Profit Organisation (NPO) in their country, but cannot implement the shareholding aspects of the FairShares Model.

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