Manchester-based contracting and accountancy firm Sapphire will distribute employee ownership bonuses worth £450,000 to its umbrella contractors.
This year’s bonus pot is a 28% increase from Sapphire’s first distribution in 2024 and will be awarded to contractors who have worked for the firm for more than a year.
2025 marks the second year of the employer’s pledge to share success across its extended workforce and further underlines its commitment to recognising the role its contractors play in its growth.
Sapphire’s employee ownership model, which was introduced in 2021, is part of its goal to strengthen productivity, engagement and retention.
Mark Connor, chief executive officer of Sapphire, said: “Becoming employee-owned has fundamentally changed the way we think and act as a business. When everyone has a stake in our success, we are more motivated to deliver for our clients and support our contractors. Sharing £450,000 in bonuses this year is another step in showing our contractors that they are not just partners, but integral members of our team.
“Unlocking ambition means giving our people, our contractors, and our recruitment clients the confidence, tools, and support they need to succeed. By rewarding loyalty and performance through employee ownership, we are building not just a successful business, but a stronger, more sustainable future for everyone connected to Sapphire.”
Sapphire’s benefits also include an electric vehicle salary sacrifice scheme, a health cash plan, enhanced parental leave, annual leave that increases with service and an extra day off for birthdays.
