Warehouse recruitment firm gives staff own stake in company

The  recruitment firm has issued shares in the company to its staff
The recruitment firm has issued shares in the company to its staff

Warehouse recruitment firm QS Recruitment is giving its staff more individual involvement in its growth plans by offering them their own stake in the company.

The specialist in driver, warehouse and manufacturing recruitment has issued shares in the company to its staff.

This is to reward their historical success and is offering new hires the chance to earn a similar stake in the firm.

It comes at a time when the company has also announced plans to increase headcount by 80% over the next three years across its regional hubs following a management buyout of the business earlier this year.

Peter Gillespie, Managing Director at QS Recruitment said: “We decided that we didn’t want our colleagues to simply feel that they were part of our vision, we wanted them to know it.

"We also wanted them to benefit directly and immediately from whatever financial success they helped us to create.

"So, we ring-fenced a proportion of the shares in the company to be issued directly to key team members, from Senior Consultants upwards.

“This means that they will immediately benefit – just like all the other shareholders – from any dividends paid by the company and – in the longer term – they will reap the rewards from any increase in the value of the company.

"We still have a significant amount of shares remaining in that pool, that we will continue to issue to existing and new team members who make themselves key to our future success."