Employee Ownership

Why Employee Ownership?

Since Kilnbridge was founded in 1992, the Company has developed a truly inclusive corporate culture. This impressive accomplishment was made even more remarkable when on 2nd March 2021, the group transitioned to an Employee Owned Trust (EOT).

This significant event in the company’s history will serve to maintain our long-established company culture, which has stood the test of time and will continue to do so well into the future.

What is Employee Ownership (EO)?

In short, Employee Ownership is a term for any arrangement in which a company’s employees own shares in the company’s stock. This broad concept can take many forms in practice, ranging from simple grants of shares to highly structured plans.

Employee-owned businesses are totally or significantly owned by their employees. In the case of Kilnbridge, 100% of the shares are owned by the Employee Ownership Trust. This Trust works on behalf of all the employee beneficiaries to ensure the stability and governance of the organisation. Employees are eligible for automatic enrolment after six months of employment.

The benefits of Employee Ownership

The economic contribution of employee ownership in the UK is significant and is growing, and as of August 2021, employee ownership delivers 4% of UK GDP annually. Employee-owned businesses achieve higher productivity and greater levels of innovation and are more resilient to economic turbulence. They also have a more engaged, more fulfilled and less stressed workforce. These are traits that Kilnbridge has also enjoyed since becoming an employee-owned business.

Roadmap to excellence

It is our ambition for Employee Ownership to be the driver behind our successful future and is a key contributor to the sustainability of the organisation.

Our roadmap can be summed up by the following:

• All employees take ownership seriously and are constant advocates of the Kilnbridge way of life.
• All employees become more accountable for their job performance and that of their colleagues.
• All employees take steps to ensure Kilnbridge stays at the forefront of innovation by constantly pushing the boundaries of traditional thinking.
• We are an employee-owned engineering and construction business that has Excellence as standard, takes all its Responsibilities seriously, puts the Team at the centre of all its activities and operates with the utmost Integrity.