With Mott MacDonald and Arup being two very large very high profile examples of how employee ownership can work well for large firms, I think the benefits are worth a further look. Feedback from the next generations of talent are that they want engagement and to feel part of something meaningful so the 'if you make it to the top you can get your reward' structures will come more and more under challenge. Given our own focus on this area, always happy to share insights and learning.
Deb Oxley, CEO of the Employee Ownership Association, urged the government to invest in such capacity-building for employee ownership. “The ownership dividend benefits employees through delivery of better work and greater financial opportunities, and together employees’ extra discretional effort as owners positively affects corporate performance," she said. "The ownership dividend also helps businesses to maintain an independent and sustainable model of ownership, and subsequently roots jobs and investment locally and more resiliently.