Recruitment firm founders offer chance to staff to become millionaires

The co-founders of executive recruitment firm Forsyth Barnes has revealed plans to divest one third of the company as part of an equity scheme for staff.

Scott Parsons and Roheel Ahmad have announced to their team that they are giving away one third of the business in equity – a pot estimated to be worth around £20m, with no buy in.

Parsons told TheBusinessDesk.com: “The equity scheme will see those who work for the business now, and in the next few years, go on to become millionaires when they eventually choose to sell their shares.

“This is a first for a business of our size, and a gesture to the people who helped us achieve such success.”

Parsons says he and Ahmad started the business in response to the recruitment industry as a whole, and were passionate about changing it. They say the company isn’t about making huge sums of money, but delivering a great service and building a team of successful people.

Last week, Parsons triumphed in the Company Leader of the Year (up to 100 employees) category at TheBusinessDesk.com’s East Midlands Leadership Awards.