All Share schemes articles – Page 7
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ArticleGames Workshop gives staff £5,000 bonus each
Warhammer retailer Games Workshop has announced it will award its shop workers, model makers, designers and support staff a £5,000 bonus each.The Nottingham, UK-based business, which sells fantasy gaming equipment and Lord of the Rings figurines, said its 2,600 workers would split a £10.6 million special bonus on top of ...
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ArticleTarget Components to become employee owned
UK distributor for computer retailers Target Components has planned to become an employee-owned business to protect its staff from potential acquisition approaches.The West Yorkshire-based firm will adopt an employee ownership trust (EOT) model, in which 70 members of staff are the majority owners of the business. Target’s existing shareholders, managing ...
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AnalysisHow can share schemes help employees build financial resilience?
Need to know:Employee share schemes can be successful savings vehicles for staff.Take-up of share schemes depends in part on how well they are promoted; the current trend is to make communication as tailored as possible.Involving staff in pushing schemes and showing previous outcomes can be effective.The research, A stake in ...
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Case StudiesSage raises awareness of share schemes among staff to increase participation
Accounting software firm Sage set up a global share option plan in 2017, based on the design of the UK’s sharesave scheme. Employees can put up to £500 a month into a savings account with the option of buying shares at a discounted price, set at launch, in three years’ ...
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OpinionNigel Watson: Investing in share schemes
Financial resilience has been defined as the ability to cope financially when faced with a sudden fall in income or unavoidable rise in expenditure. Being financially resilient does not mean having lots of money, it means having a strategy or a plan for coping with whatever life throws at you.Interestingly, ...
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ArticleKingsland Drinks becomes partially employee owned
Kingsland Drinks Group, including Kingsland Drinks and newly established Ten Locks, has become partially employee owned.After a period of “careful consideration and planning”, the company's owners agreed to restructure the ownership model after reviewing all the potential options. They concluded the best outcome was to sell a majority of the ...
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ArticleCurtins becomes employee owned
Liverpool-based environment consultancy Curtins has announced it has become employee owned to enable its staff to greater influence decision making.The organisation's former share ownership scheme, where employees owned 25% of the business, was first introduced in 2002 after chief executive Rob Melling joined the board of directors. It allowed people ...
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ArticleWinch Design becomes employee owned
Winch Design, a design studio for the yachting, aviation and architecture sectors, has become fully employee owned.The new employee ownership trust (EOT), which is now the sole shareholder of the business, was established in line with its ethos of placing the highest value on its staff, with their “loyalty, talent ...
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ArticleAxle Haulage becomes employee owned
Trucking company Axle Haulage has become employee owned, with the new employee ownership trust (EOT) owning the majority of the business.Former majority stakeholder Barry Jordan will remain chairman of the Dunstable-based firm, which specialises in civil engineering, construction and railway industries transport, and has operating licences for a fleet of ...
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ArticleAlliance Disposables becomes employee owned
Alliance Disposables, a supplier of catering disposables and equipment in both the UK and Ireland, has announced that it has become employee owned.The business, which employs approximately 600 people between its Crewe headquarters and 12 additional depots around the UK and Ireland, was formed in 1999 and was previously majority ...
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ArticleDJS Research becomes employee owned
Market research agency DJS Research has become an employee-owned business.Founded in 2001, the Stockport, UK-based organisation has established a new employee ownership trust (EOT), in which the 25 permanent staff members will own the majority of the business, securing its future independence.Directors Daniel and Ali Sims will remain with DJS ...
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ArticleC21 becomes employee owned
Manchester, UK-based creative communications and digital agency C21 has transitioned to become an employee-owned business.The company, which specialises in design, digital and video communications for clients across the UK and globally, announced that it has established an employee ownership trust (EOT) for its 20 staff members on Employee Ownership Day ...
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Supplier articleSurvey results reveal the fears Trustees have for members approaching retirement
Pension scheme members now have to grapple with a multitude of risks that have become increasingly complex and uncertain. In light of this, WEALTH at work has conducted a survey with the Pensions Management Institute (PMI) to investigate the concerns Trustees have for their members in the run-up to their ...
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Supplier articleHow MotorSave helps make motoring safer for employees
There are a wide variety of maintenance issues that can heighten the chances of having a car accident. Some of the main ones are a cracked windscreen, broken lights and wipers, faulty lights and bald tyres.Keeping up with car maintenance is crucial and keeps you and your loved ones safe. ...
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ArticleCoastal Recycling becomes employee owned
Exeter, UK based recycling and refuse collection services provider Coastal Recycling has announced its 140 employees are now the majority stakeholders in the business through an employee ownership trust (EOT).This means Coastal Recycling can maintain its independent status, enable its staff to receive a share of profits and a bonus ...
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ArticleJ&L Elevator Components becomes employee owned through trust
Elevator parts and equipment supplier J&L Elevator Components has announced its employees now have a controlling interest in the business through an employee ownership trust (EOT).This means the organisation can ensure succession planning, as well as directly rewarding the efforts and contributions of the staff, who will have continued job ...
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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 ...
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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 ...
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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 ...
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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 & ...