Building Back Better With Your Employees Through Shared Ownership

Building Back Better With Your Employees Through Shared Ownership
Webinar

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As we move into the recovery for SMEs, one of the key parts of that recovery will be building back a better relationship with employees. One way of doing that is by engaging your staff through employee share ownership.

This session will explain:

Why Employee Share Ownership is a “good thing” and why it is good for business.
How it can be used to build better relationships with employees – how employee share plans can play a key part in rising to challenges, such as those caused by the pandemic, by contributing to employees’ savings, morale and engagement.
The pros and cons of Employee Share Ownership, how it works and what the options are.

The Employee Share Ownership (Esop) Centre is a non-profit subscription based organisation which draws from over 30 years of experience to inform, lobby and research in the interest of developing all forms of broad-based employee share ownership plans in the UK and Europe.

An example of how the Esop Centre is helping develop employee share plans in the UK is its current work in response to the government’s recent call for evidence on whether and how more UK companies should be able to access the popular share options based Enterprise Management Incentive (EMI) tax-advantaged incentive scheme to help them recruit and retain the talent they need to scale up. The Centre is sending the Chancellor comprehensive and ground-breaking proposals to expand the availability of EMI to many thousands more growing UK smaller businesses.

Speakers:

David Clarke was born in Nottingham and originally founded DBS in California in 1986 as a print advertising company (DBS stands for Directory Business Services). He returned to the UK with his family in 1994, founded DBS in the UK two years later, and has been a director of the company ever since. Over the past 23 years, David has transitioned DBS from its original focus of print advertising to being in a position where it specialises almost solely in web design and internet marketing. During that time David has also built the business to the point where it became employee owned two years ago, making DBS Lincolnshire’s first 100% employee owned company.

Keith Haddow has been with The Technology Partnership or TTP Group for over 20 years. TTP Group, based near Cambridge, has over 300 employees and generates new technology in a wide-range of industry sectors, with particular strength in life sciences. TTP’s ownership model is one of direct share ownership. An internal market operates, together with a SIP and an option plan. There are over 1,000 shareholders – being current and former employees. Keith is a regular on the judging panel of the Young People of the Year awards in Hertfordshire and Cambridgeshire.

Graham Muir is a Partner in the CMS Employee Incentives Team with a 25 year track record of specialism. Graham advises quoted and unquoted companies on structuring, establishing and operating all forms of employee incentive scheme. He advises on employer and employee tax, company law, corporate governance and regulatory issues arising out of such schemes (whether share-based or cash-based). In addition, he advises on the taxation of employees and directors, including PAYE, National Insurance contributions and capital gains tax and on the issues that arise out of termination of employment or office and salary sacrifice. Graham is Co-Chair of the Tax Committee of the Share Plan Lawyers Group, sits on the Share Scheme Experts Group of the Quoted Company Alliance, and also sits on the LexisNexis Tax Consulting Editorial Board.

Date
Thursday, 27 May 2021

Time
18:00 - 19:00 BST

Cost
N/A