Haymills offers staff shares


Haymills' 350 employees have been given the option to own shares in the company. The offer includes all staff and longer-serving hourly-paid employees.
Managing director Julian Brandon said: "This incentive benefits everyone. It not only gives something back for all the team's efforts in turning Haymills' fortunes round in the past two years, but brings a further positive, since people working on each and every project now have a vested interest.
"Although a share scheme that involves an exclusive few is more the norm, I was adamant that all employees should have some benefit."
The scheme also doubles as a staff retention scheme, since share options cannot be exercised before 2009.
Brandon led a management buy-out of Haymills in July. "Our current half-yearly figures are on track for achieving the first annual stage in the company's five-year financial plan."


ADVERTISEMENT

 
ADVERTISEMENT