Celebrating one year of Employee Ownership

by Lynne Campbell | posted in Company News | 11th February 2015

CAS is celebrating our first year as an employee owned company. We made the move to employee ownership in January 2014 with the support of Co-operative Development Scotland, part of Scottish Enterprise. As part of our employee ownership status, we have joined The Employee Ownership Association (EOA)  the voice of co-owned businesses in the UK.

There are many advantages to employee ownership, but for us, one of the biggest factors is the renewed strength of our team. Being a smaller company in a competitive market, we maintain a collaborative approach to working; this has been strengthened by our Employee Ownership status. Employees now have a greater insight and input to the overall business; we are a more engaged and fulfilled workforce. Our new structure has given us a strong and stable platform for future growth.

Our CEO Ken Naismith explains:
“59% of the business is in broad employee ownership by trust and shareholding; the Chairman and I invested in the remainder of the business. I plan to reduce my shareholding over time to release more ownership for employees. So far the results have been positive, and the future looks very bright indeed”.
 

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