How low should financial inclusion & ownership go?

Voices are getting louder around the topic of financial inclusion and ownership in corporates, as efforts are made to change the status quo in order to build an inclusive economy amid and post-COVID-19. The conversation around equity ownership for lower level employees in companies is gaining traction, with Ian Fur, founder of The Hatch Institute and Sorbet Group, sharing valuable insights on the matter. Fur emphasizes the importance of building a supportive culture within organizations to ensure the success of inclusion initiatives. He points out that financial inclusion should be driven by the goal of creating equality and uplifting people, rather than solely for financial gain. The mindset and culture of a company play a crucial role in determining the success of efforts to empower workers and address inequalities. Fur believes that giving employees a stake in the organization at all levels can contribute to creating equality and uplifting individuals. While he acknowledges that resistance to such initiatives may exist, particularly due to systemic racism and ingrained feelings of inequality, Fur stresses the importance of acknowledging past injustices and working towards building a more equal and hopeful future for all. The conversation on financial inclusion and ownership in corporates highlights the need for organizations to prioritize creating a sense of belonging, trust, dignity, and respect among employees, in order to enable them to perform to the best of their ability. By fostering a supportive culture and implementing inclusive practices, companies can contribute to building a more inclusive economy and society.