Insights Seetec’s Journey to Employee Ownership
14 May 2020

Seetec’s Journey to Employee Ownership

EO_Feature_Image_V3

The journey so far...

In January 2020, Seetec became an employee owned business. An Employee Trust, set up for the sole benefit of our 2,500 employees, now owns 51% of the business. It puts our future in the hands of our employees, protects our independence and allows us to focus on creating social value for the people, businesses and communities we serve.

Protecting our record as a force for good

Employee ownership protects Seetec’s values and presence in communities across the UK and Ireland. Originally founded as a registered charity, our founding ethos to empower people and deliver social value is hardwired into our culture. It’s a logical step for employees who know our business and our values best to take ownership of our company.
 

“As shareholders in our collective success, with new accountabilities and responsibilities, we have an opportunity to create value not just as employee-owners but for the communities and clients we serve.”

- John Baumback Seetec Group Chief Executive Officer

We are at the start of our Employee Ownership journey, joining a growing movement of businesses looking for different structures to deliver greater economic and social value for the customers and communities we serve.

We are the UK’s largest employee-owned provider of justice, employability, apprenticeship and skills services.