Global professional services provider JTC has won a major industry award recognising its success in championing widespread employee share ownership.
JTC was named the winner of the ‘Best Overall Performance in Fostering Employee Share Ownership’ Award, for companies with between 501 and 5,000 employees, at this year’s ProShare Awards, at a ceremony held in London yesterday (6th December).
The awards celebrate excellence in the communication of employee share plans and the fostering of employee share ownership. Past winners of the awards include a range of international and household names across diverse sectors from retail, lifestyle and technology to transport, property and financial services.
At JTC, every employee is an owner of the business and shared ownership lies at the heart of the company’s culture and is a key differentiator in the professional services markets where it operates. In 2019, its shared ownership model became the subject of a Harvard Business School case study for the institution’s world-renowned MBA programme. Earlier this year, the business announced that over £20m worth of shares had been given to its global workforce as part of its shared ownership programme and to date more than £350m of value has been created for employee owners. JTC is listed on the London Stock Exchange in 2018 and current employees own around a fifth of the issued share capital.
More about the Awards and the full list of winners can be found here.
Nigel Le Quesne, CEO of JTC, said:
“This award win is a real endorsement of our approach and focus on embedding shared ownership into the heart of our business and culture. We’ve been championing this ethos for more than two decades now, and I’m incredibly proud of what our global team of employee-owners has achieved and the service they provide to our clients. There’s no doubt that having shared ownership as a key part of our DNA has been instrumental in our success to date.”