All Share schemes articles
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Opinion
Matt Spencer and Caitlin Comins: How employers can use employee ownership trusts
Employee ownership trusts enable owners to sell their shares to employees via a trust, normally for full market value and financed in part from future profits.
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Article
Transcendit becomes employee-owned
North east England-based IT firm Transcendit has become an employee-owned organisation following the establishment of an employee ownership trust (EOT) named Transcendit EOT.
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Article
Brandnation transitions to employee ownership
Brandnation has transitioned to an employee ownership trust (EOT) as part of its growth plans for its 30 members of staff.
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Article
Montresor Legal Recruitment transitions to employee ownership
London-based Montresor Legal Recruitment has transitioned to employee ownership by establishing an employee ownership trust.
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Article
Dafydd Hardy Estate Agents becomes employee-owned
Dafydd Hardy Estate Agents has introduced an employee ownership trust structure as part of its commitment to its team, clients and communities it serves across North Wales.
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Article
EPM Solutions transitions to employee ownership
Engineering firm EPM Solutions has transitioned to an employee ownership trust (EOT) as part of a commitment to empower its dedicated workforce.
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Article
Eastern Transport Holdings becomes employee-owned
Source: Shutterstock / 1108927934 Eastern Transport Holdings, the parent organisation of Stephensons of Essex and NIBS Buses, has been sold to an employee ownership trust. The organisation, which operates 140 buses in Cambridgeshire, Suffolk and Essex, employs 200 members of staff and has a current turnover of ...
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Article
Autumn Budget 2024: Changes to employer share incentive plan notice relating to statutory neonatal care pay
Autumn Budget 2024: Employers will have to change the notice they must give to an employee regarding possible deductions from their salary in relation to a share incentive plan (Sip). A minor change to the Income Tax (Earnings and Pensions) Act 2003 and the Employee Share Ownership ...
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Article
Boosst transitions to employee ownership trust
Financial planning firm Boosst has transitioned to an employee ownership trust (EOT) in order to ensure its long-term independence and commitment to its clients and employees. Owners Keith and Linda Butten, and managing director Josh Butten, have transferred 100% of their shares to the EOT and have ...
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Article
Sapphire rewards contractors with employee ownership bonuses
Source: From Sapphire Manchester-based contracting and accounting firm Sapphire is to distribute employee ownership bonuses worth £350,000 to its umbrella contractors. The total will be awarded to contractors who have worked for the firm for more than a year, as part of its commitment to rewarding the ...
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Article
LVMH launches international employee share plan
Source: LVMH Group Luxury goods brand Moët Hennessy Louis Vuitton (LVMH) has launched an employee share plan for 70% of its global workforce. The scheme, LVMH Shares, will run in 11 locations in Europe, North America and Asia. Eligible employees will receive a matching contribution of shares. ...
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Article
Joss Search moves to employee ownership trust
Specialist recruitment firm, Joss Search, has transferred to an employee ownership trust (EOT).
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Article
Parfetts awards employees 12% profit share bonus
Wholesaler Parfetts has awarded its employees a 12% profit share bonus following a record year for turnover. The employee-owned business operates depots in Aintree, Anfield, Birmingham, Halifax, Middlesbrough, Sheffield, Sommercoates and Stockport. All qualifying employees will receive the bonus in October. It is an increase from the ...
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Article
Gusto Group to become 100% employee owned
Manufacturing, construction and architecture business Gusto Group will transition to an employee ownership trust (EOT) as part of its goal of achieving shared success and fostering a culture of entrepreneurship.A total of 100% of the firm’s ownership will be transferred to an EOT on 31 March 2027 as part of ...
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Article
Tesco employees to share £30 million from share schemes
More than 20,000 Tesco employees are to share £30 million following the performance of its sharesave schemes.The staff are mainly those working in stores and distribution centres. As the schemes have now matured, they will share in a profit created by the growth of Tesco’s share price, which reached £3.06 ...
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Analysis
How to boost the popularity of employee share schemes
Credit: Shutterstock/ YesPhotographersNeed to know:Employee share schemes can help organisations attract, retain and motivate staff.But these are not always as valued as they could be by employees.Effective communication is essential, including video, apps and presentations.In March this year, 9,200 Marks and Spencer staff who had been paying into a share ...
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Case Studies
Be.EV positions employee share schemes to retain top talent
National electric vehicle (EV) charging network Be.EV started up in 2020, and officially launched in April 2021. It has always placed the concept of employees sharing in its success at the heart of its model, initially by giving early hires an equity stake and more recently through two enterprise management ...
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Article
The Industry Club becomes 100% employee-owned
The Industry Club, a recruitment firm for the marketing and media sector, has transitioned to a 100% employee-owned business.The team of 10 will now co-own the organisation through an employee ownership trust. Melissa Smith, managing director and founder, will remain in the business and be part of the team until ...
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Article
Parfitt Cresswell establishes employee ownership trust
Law firm Parfitt Cresswell has become employee-owned after transferring a significant interest in the business to an employee ownership trust.Through the employee ownership trust, staff can attain an indirect beneficial interest in the business and can share in its success through the use of tax-free bonuses up to £3,600 per ...
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Article
Delta awards 100,000 staff 10.4% of earnings through global profit share scheme
American airline Delta has awarded its more than 100,000 employees a payment worth 10.4% of their eligible earnings as part of its profit share scheme.The scheme, which was created to boost employee morale and cultivate a workplace of gratitude and teamwork, allows staff to receive their share of Delta’s 2023 ...