ERS EMPLOYEE OWNERSHIP

 

Employee Ownership is the fastest growing form of business ownership in the UK. Employee Ownership means that a significant number of company shares are held by, or on behalf of, all of the employees of a company. 

 

ERS became a fully Employee Owned company on the 26th of October 2016, when the previous owners sold all of their shares to an Employee Ownership Trust, which now owns all ERS's shares on behalf of ERS's employees. 

 

The board of Trustees comprises an employee trustee elected by the ERS employees, a representative from ERS’ board of Directors and an independent trustee.  The board of Trustees meets regularly and is responsible for ensuring that ERS’ board of directors runs the company in the best interest of the employees. 

 

Whilst this does not imply a full degree of democracy (employees do not vote on every issue), it provides a great degree of transparency and encourages employee participation with a structure that permits individuals to be heard and contribute. All employees are also provided with regular company performance information. 

 

As Employee-Owners, we have a stake in the business and share in the profits, therefore we are motivated to contribute to the success of the business.  We realise that our success depends on client satisfaction and exceptional performance, and that this can only be delivered through dedication and continuous development. This is reflected in our shared company values.