All Sharesave/SAYE schemes articles – Page 7
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Article
Alliance 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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Article
DJS 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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Article
C21 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 article
Survey 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 article
How 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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Article
Coastal 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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Article
J&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 article
The 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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Article
Hedges 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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Article
Share 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 article
Companies 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 & ...
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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 ...