All Share schemes articles – Page 8
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Supplier article
Why 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 ...
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Article
The 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 ...
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Supplier article
Is 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 ...
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Article
Entain 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 ...
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Article
Rubicon 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 ...
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Article
Royal 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 ...
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Supplier article
Ways 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 ...
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Opinion
Deb 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 ...
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Analysis
How 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 ...
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Case Studies
Gripple'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 ...
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Article
Odey 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 ...
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Supplier article
EVs 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 ...
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Supplier article
Electric 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 ...
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Supplier article
How 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 ...
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Article
Brand 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, ...
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Article
HLM 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 ...
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Article
Synergy Vision becomes employee-owned
Medical communications company Synergy Vision has become employee-owed, after transferring itself over to the Employee Ownership Trust (EOT).The business – which became well known for introducing a four-day week in 2018 – officially became employee-owned yesterday (2 March), after founder Ffyona Dawber signed the remaining papers transferring 87.5% of the ...
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Article
Clifford Devlin launches employee ownership trust
Demolition firm Clifford Devlin has announced it has become employee owned, after 100% of company shares were transferred into an Employee Ownership Trust (EOT).The interests of the London-based business, run by the second generation of founders, will now be looked after by the EOT.The company, which celebrates its 60th anniversary ...
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Article
AstraZeneca boss and staff to receive same pay rises
Pascal Soirot, CEO of pharmaceutical giant AstraZeneca, will receive the same 3% pay rise as the rest of his staff.Despite the company's ongoing success, including seeing its share price jump by 11% after the World Health Organization approved its Covid-19 (Coronavirus) vaccine, the boss’s base salary will increase from £1.29 ...
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Article
EXCLUSIVE: Inpulse launches employee ownership trust
EXCLUSIVE: Inpulse, the employee engagement firm, has become employee owned, with 75% of shares being given to employees.The move sees the ten-employee strong business transfer three-quarters of its shares to staff through an employee ownership trust (EOT). The trust appoints one of its own trustees to look after the business, ...