All Employee ownership articles – Page 8
-
Supplier articleThe benefits of the Gym Scheme for employers and employees
Even the most active people have times where the thought of going to the gym is unappealing. This can be because of lack of motivation, high prices or not being able to find a gym class that works for them enough to commit. Our health and wellbeing are important though ...
-
ArticleHedges Law becomes employee owned through trust
Oxford-based law firm Hedges Law has announced that its 40 employees have become part owners of the business through an employee ownership trust.This means all employees are eligible to become beneficiaries of the trust after six months of employment, with 10% of the organisation's distributable profits to be shared equally ...
-
ArticleShare schemes found to boost wealth by up to £10,000
Staff who take advantage of share schemes could be better off to the tune of £10,000 compared to those who do not, according to new research.Data from the Social Market Foundation (SMF) revealed there is a distinct ‘wealth benefit’ of participating in share ownership schemes – and yet less than ...
-
Supplier articleCompanies that give more and take less- Ben & Jerry’s
Ben & Jerry’s premium ice-cream was founded by Ben Cohen and Jerry Greenfield 30 years ago. It has since evolved into a brand name with nearly 160 franchised shops in America and many more globally, the company has a line of products sold in supermarkets almost everywhere.The living wageBen & ...
-
Supplier articleWhy does HR tech fail?
As the technology in front of us has developed, so have our expectations in the workplace. Even for those who weren’t born into it, we have all become natives in a digitally-savvy workforce. So why are employee benefits schemes – and their technology – failing to live up to their ...
-
ArticleThe top 10 most-read articles between 15 April – 21 April 2021
The top 10 most-read stories on employeebenefits.co.uk between 15 April – 21 April 2021 were: What does the Pensions Schemes Act 2021 mean for workplace pensions?Facebook moots pay cut to work from homeMetro Bank team walks over 1,700 miles as part of wellbeing challengeSurrey Fire and Rescue Service rolls out ...
-
Supplier articleIs climate change part of your workplace culture?
More and more businesses and industries are committing to reducing their impact on the environment. The upcoming Earth Day reminds us that there are always more ways for companies and employees to adopt environmentally-friendly policies and help tackle climate change.Here are a few different ways you can make your workplace ...
-
ArticleEntain launches sharesave scheme to 22,500 staff
Global sports betting and entertainment group, Entain, which owns the Ladbrokes and Coral chains in the UK, has launched a group-wide employee share ownership plan.The sharesave plan gives all of its 22,500 employees globally a potential stake, and return on any profits made, in the business.Under the terms of the ...
-
ArticleRubicon Recruitment Group becomes employee-owned
Rubicon Recruitment Group has become employee owned after transferring ownership of 100% of the business to an employee ownership trust (EOT) model.The change to the Dorset-based business, which has since rebranded itself as Rubicon People Partnership, means it is now completely owned by its 30 members of staff.According to Lloyd ...
-
ArticleRoyal Mail workers set to receive share dividend
Tens of thousands of Royal Mail workers are set to receive a one-off 10p per share dividend after the delivery company announced adjusted operating profits rising to about £700 million in the year ending March 2021.The dividend – more than double what it was just two years ago and the ...
-
Supplier articleWays you can reward the working mums in your company
A massive 75% of women with dependent children are in employment. So juggling work life and family life cannot be easy! With that in mind, this Mother’s Day why don’t you reward the working mums in your company.Here are some ways you could use rewards and recognition on Mother’s DayRecognise ...
-
OpinionDeb Oxley: Employee ownership unlocks the potential of people and business
There are many compelling reasons why employee ownership is one of the fastest growing succession options for small- and medium-sized enterprises (SMEs), and family businesses that have no natural successor.For employees it gives them a stake and a say that allows them to share in both the responsibility and reward ...
-
AnalysisHow can employers build the business case for employee ownership?
Need to know:The experience of the pandemic is encouraging more organisations to take stock and think about how best to be structured in the future, including employee ownership.Employee ownership can bring tax breaks with it, but can also make an organisation more resilient, collaborative and better able to weather a ...
-
Case StudiesGripple's employee ownership model boosts engagement and retention
Gripple, a Sheffield-based manufacturer of wire joiners and suspension systems with 700 staff, has been fully employee owned since 2011, although employees were first allowed to buy shares in the business back in 1994.The organisation uses a direct ownership rather than a trust model, with governance, management and oversight managed ...
-
ArticleOdey Asset Management loses incentives tax case
Hedge fund firm Odey Asset Management has lost its legal battle with HMRC in which it argued executives who were part of a partnership pay plan between 2011-12 and 2015-16 did not need to pay tax on their share options.The plan put 17 of its executives into a special purpose ...
-
Supplier articleEVs and ULEVs: How employee benefits can help take petrol cars off the road
Sustainability. It’s a word we’re all hearing more of, and an issue that’s becoming more urgent with each passing year. While large corporations around the world strive to reduce their carbon footprint and make their products and materials more eco-friendly, individual Reward teams might think that they can't make a ...
-
Supplier articleElectric by 2030: Why its good news for the Car Benefit Scheme
Recently the government have announced a new plan that by 2030, all new cars being sold will be electric. This is part of a plan to help improve the UK’s carbon footprint and includes a funding boost for environmental efforts.£20 million is being invested in the UK design and development ...
-
Supplier articleHow the Bike to Work scheme can help boost your company’s green credentials
Staff commuting into the workplace is a big part of overall carbon emissions output for many companies.Since the pandemic hit, over 40% of us were required to work remotely and carbon emissions from the work commute were reduced.With the UK Government roadmap out of Covid now set out, businesses can ...
-
ArticleBrand Opus becomes employee owned
London-headquartered creative agency, Brand Opus, has announced it has transferred to employee-owned status, following it sale of founder shares to staff in the form of an employee ownership trust (EOT).As part of the deal, the agency, which consults on branding for the likes of Carling, Kraft Heinz, and Molson Coors, ...
-
ArticleHLM Architects transitions to employee ownership trust
Camden-based HLM Architects and its subsidiary Llewelyn Davies have transferred to employee-owned status with immediate effect, following the firm's successful transition to an employee ownership trust (EOT).The business, which was last year named Architecture Practice of the Year in the Building Awards 2020, now has 100% of its shareholding held ...