UK – Linear Recruitment becomes employee-owned
UK – Linear Recruitment becomes employee-owned
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Linear Recruitment, a UK-based recruitment firm, announced that the current owners of the company have just completed a deal to move its ownership into an Employee Ownership Trust.
The company specialises in jobs in the construction, rail, power, highways and infrastructure industries, on a temporary and permanent basis.
Linear stated that it wanted to reward its ‘loyal and hardworking employees’ and the move to an Employee Ownership Trust gives the company stability moving forward with ‘ownership succession that preserves the business and its culture’. Furthermore, Linear added that this gives its employees ‘a voice on the board enabling a clear and collaborative way of working’.
“We started off in 2001 with a simple, honest and direct approach to recruitment, and a people-first ethos and this continues to be our ambition over twenty years later,” Linear stated. “Everyone involved is extremely excited about the ownership move and what the future will bring for Linear Recruitment and its new owners.”
Linear’s Managing Director Gareth Tomkins, said, “We have a very strong and loyal management team, who like all our staff, live and breathe by our values. The greater sense of employee engagement enables our management team and wonderful staff to continue the fantastic work they have been doing over the years and gives them the extra reward as owners of the company.”
“One big attraction for us was ownership succession which preserves the business, its culture and values,” Tomkins added. “The Employee Ownership Trust provides us with the opportunity to do this which we also believe will result in a stronger performing business with commitment to the longer term and a fantastic way to reward our hard-working employees.”