Opportunity for all employees to become shareholders
Howells Associates has announced that it has introduced a share plan for all its employees.
Graham Ward-Thompson, Deputy Chairman says “For listed companies this is everyday stuff but for a boutique family owned business this is a big thing and shows an intention to change how we engage with our employees”.
Interestingly, the scheme allocates shares to employees equally, there’s no special arrangement for senior executives. “We rely on every member of our team equally and sharing the equity equally just seemed right. One of our strengths is that we are a team; we all feel an ownership of the business; most of us have been here for many years - I’m a newcomer and I’ve been here six!”