The Rising Star of the Year Award was given to Remploy by the Employee Ownership Association in recognition of their “significant progress” including appointing two employee directors to the Board.
Remploy, the leading provider of specialist employment services for disabled people,has been named the Rising Star of Employee Ownership just seven months after the business left government ownership and in a joint venture with its 800 employees owning 30 per cent of the company.
The Rising Star of the Year Award was given by the Employee Ownership Association in recognition of the “significant progress” made by Remploy including the appointment of two employee directors to the main board of the company.
The joint venture was created with MAXIMUS, a leading operator of government health and human services programmes in the United States, UK, Canada, Australia and Saudi Arabia as Remploy moved into the private sector after 70 years of government ownership.
The employees’ 30 per cent stake in the business is held in an Employee Benefit Trust (EBT) and earlier in the year elections were held for Regional Ownership leads who in turn elected a 22-strong Ownership Council. This council represents the views of employees on the strategy and future direction of the business to the EBT and to the Remploy senior executive team. Both elections held saw a turnout of 80%, giving the employee voice a strong mandate in the business.
There were 13 nominations for the award, which is for businesses which were less than three years into Employee Ownership.
Gareth Parry, a member of the Employee Benefit Trust and of the Remploy board, said: “The judges felt we had made remarkable progress in such a short time and were impressed by the level of participation and buy-in from employees. It is a great achievement but we do feel that we have only just started.”
As part of the award, Remploy will receive 12 months of mentoring from the John Lewis Partnership, which has been in employee ownership for more than 70 years.
Picture caption: (From left) Gareth Parry, Kath Wood, a Trustee of the Remploy Employee Benefit Trust, and Abdul Quddus, also a Trustee and employee director on the Remploy main board
For further information please contact:
David Felton 07803 214682
Notes to Editors:
- Remploy was established 70 years ago to provide training and employment after the Second World War for injured and disabled ex-servicemen and miners.
- Since 2010, Remploy has found more than 100,000 jobs in mainstream employment for people with a range of physical, sensory and learning disabilities, mental health conditions and other disadvantages.
- Remploy works with more than 2,500 employer partners including Tesco, TC Facilities Management, Marks & Spencer, BT, ASDA, Royal Mail, Sainsbury’s and the NHS
- Remploy has an increasing focus on providing specialist disability employment services to people with mental health conditions or learning disabilities
- It invests in developing innovative approaches and services for employers which are cost effective and business efficient including consultancy and a vocational rehabilitation service
- On 12 March 2015, Remploy entered into a joint venture with MAXIMUS, a leading operator of government health and human services programmes in the United States, UK, Canada, Australia and Saudi Arabia and on 7 April 2015 Remploy left government ownership.