This model aligns the interests of the employees with the success of the business, promoting a sense of shared responsibility and collective achievement.
Here at Pennine, after 12 months of service, each employee is allocated one share in our business, making them eligible for up to £3,600 pa in tax free bonus.
‘EO businesses regularly outperform non-EO peers in almost every metric – they’re 8-12% more productive and invest more in their people, innovation, and communities’ – The Employee Ownership Association.
Becoming an EOT not only reflects our commitment to our employees, but also to our customers, ensuring that every decision we make is rooted in our collective dedication to quality and care. Having celebrated four Employee Ownership days so far, each have been unique and reflective of our growing culture of collaboration and innovation.
Our first ever EO Day was a memorable event held at Pennine HQ, brining everyone together to celebrate our new beginning as an employee-owned company. We also celebrated our Long Services Awards on this day, celebrating staff who had reached various milestones.
Our first ever off-site EO Day, the entire company got together for an AGM style event, featuring special employee lunch, insightful presentations, and a launch of new business strategy.
We thought that it would be fitting to celebrate our 60th anniversary alongside our colleagues on EO Day at the Distillery in Derby. The evening included DJ, food, and photobooth, with all staff treated to a well-deserved day off, the day after the event.
In 2024 we celebrated at Derby County Football Club, with the theme of ‘Brining our Purpose to Life’. We hosted guest speakers and linked each session back to our Purpose Statement of ‘Protecting Life. Empowering Colleagues. Enriching Communities. Our best EO Day yet!
We have a priority to our colleagues, ensuring their safety, well-being, and personal and professional development. Therefore, since becoming Employee Owned, we have invested in various employee initiatives.
