Houlder’s Employee Ownership Status means each member of our team has a very real stake in the company’s long term sustainable growth. For a decade, the company has operated an Employee Benefit Trust in which shares are held collectively on behalf of employees.
The Employee Ownership Association (EOA) recognised Houlder in 2016 with a Highly Commended for Innovation Award. The EOA innovation awards celebrate the year’s most compelling examples of innovation within UK employee owned organisations. Houlder’s ingenious tools for the offshore wind energy market were recognised by judges for delivering clear benefits both technically and commercially.
At the time, Gianpaolo Benedetti, Houlder Project Manager for Innovation & Product Development (and Employee Benefit Trust representative) commented “We are primarily engineers and designers so, to an extent, innovation comes naturally. However, Houlder’s employee ownership status is an extra incentive to keep an eye on the future. Developing new ideas benefits the whole organisation.”
Members of the Employee Benefit Trust are rewarded when the company succeeds and vote on key resolutions at the Trust’s annual meetings.
Rupert Hare, Chief Executive Officer (pictured) describes the benefits of Houlder’s structure “We have ambitious growth plans, but remain keen to ensure expansion is long term and sustainable. Being owned by our employees means our talented professionals have an incentive to grow with us.
“In an industry that has a reputation for short term contracts and temporary project teams, Houlder is able to provide consistency. We know this is something our clients value.“
Employee Ownership is growing in importance in the UK. 4% of the country’s GDP is now raised through employee owned businesses running similar schemes to Houlder.
Deb Oxley, CEO for the EOA, “Companies such as Houlder are great examples of the benefits that can be achieved in an employee owned environment. The EOA is proud to raise awareness and move employee ownership further into the mainstream of business structures.”
You can read more about the Employee Ownership Association here.