Employees become shareholders at Leeds recruitment firm

Recruitment firm CSG, headquartered in Leeds, has announced that 10% of its business is being gifted to all of its employees in shares.

The founding owners of CSG, Ben Riley and Wayne Underwood took the decision to make all of their employees shareholders through an Enterprise Management Incentive (EMI) scheme. Six per cent was released on February 1 and the remaining 4% will be released in July 2019.

Riley said: “It is a chance for us to reward our employees for their contribution to the success of CSG. It also means everyone benefits from CSG’s future success so all colleagues have a vested interest in the performance of the business. This vested interest then translates into a positive impact for our clients and candidates, with all employees being focused on delivering the highest level of service to our clients and candidates to secure business growth.”

Underwood added: “We are focused on making CSG a great place to work. This is incredibly important to us and is part of CSG’s DNA. We already have a number of initiatives in place such as on-site gyms, two hour fitness lunches, free fruit, flexible working, a barber and beautician service and overseas incentive trips to places like Puerto Banus and Amsterdam. We believe these all contribute to making CSG a great place to work, however, we wanted to go one step further and really make a difference to our employees, with the opportunity for them to realise a potentially life impacting sum of money if the business goes through a sale / transaction.”

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