Skip to content
Employee Benefits
  • News
  • Jobs
  • Tax & Legal
  • Benefits
  • Events
  • Suppliers
  • Email sign up
Search Login / Register Primary Menu
Close
or Register
news Employee engagement Share schemes Share schemes

Postcode Anywhere becomes employee owned

By Marianne Calnan 1st July 2015 12:00 am 6th April 2017 3:36 pm
Postcode Anywhere- employee ownershio-shares-2015

EXCLUSIVE: Postcode Anywhere has launched an employee ownership trust.

The Worcester-based software business is now 100% owned by its employees following its two founders, Jamie Turner and Guy Mucklow (both pictured) implementing an enterprise management incentive scheme (EMI) to give all Postcode Anywhere employees the opportunity to own a share of up to 10% of the business.

They also decided to become employee owned in order to recognise the significant contribution that their colleagues made to the value of the business and to also create a culture where everyone can benefit from their future success.

Mucklow and Turner hope to grow the organisation’s revenue by 50% over the next five years with the help of Triggar, a big data and analytics platform the firm will be releasing in the next few months.

Guy Mucklow, chief executive officer and co-founder of Postcode Anywhere, said: “The ability to attract and retain talented people is one of the most significant reasons behind the success of a software company like Postcode Anywhere. It’s the difference between us being an average organisation or one that is constantly pushing the boundaries and challenging the way that our industry works.

“Both Jamie and I are very keen to ensure that we have the best talent and that we do our utmost to share our success. As a shareholder in the organisation, I am also hoping that my colleagues will treat the business like it’s their own and very much feel as though they are invested in its future.

“Business owners have a level of passion and commitment to their businesses which is hard to find in other types of enterprise. This connection to the business is why employee-owned enterprises have faster growth rates, happier customers and are ultimately more profitable than those which are not.”

“The key for us is to create an environment in which everyone feels and behaves as if they are owners of the business and, as such, can share in the growth in its capital value unlike an employee who just takes an income whilst creating wealth for others.

“In turn employees will be likely to start treating the business like it’s their own, buying into the vision of the organisation’s future, aligning passion with success; as ultimately the success of the organisation will provide a very meaningful impact on the individual’s future.

I don’t want to take my staff for granted, and one of the reasons why we decided to become employee owned is because there’s a certain level of passion, desire, drive, ambition and hunger that you get from founders that isn’t often seen in people that are just working for the business. I want to spread some of that energy and see some of those qualities in other members of my team.”

Big Question

Ros Altmann: Should employers take more responsibility for employees’ retirement savings?

1st July 2015 6:30 am 2nd November 2015 12:49 pm
news Employee wellbeing

65% would adapt lifestyle for healthy later life

1st July 2015 12:22 pm 3rd November 2015 4:44 pm
news Financial education

59% unaware of employer pension contributions

1st June 2015 12:00 am 6th April 2017 4:44 pm
Big Question

Justine Tate: Should employers take more responsibility for employees’ retirement savings?

2nd July 2015 6:00 am 2nd November 2015 12:49 pm
Big Question

Gareth Hopkins: Should employers take more responsibility for employees’ retirement savings?

2nd July 2015 6:00 am 2nd November 2015 12:49 pm
Sign up for the leading independent source of news and expert analysis delivered straight to your inbox. Sign up
Latest ArticlesComments
news Mental health resilience

Phoebus Software launches mental health first aider initiative

5th July 2022 11:13 am 5th July 2022 11:13 am
Case studies Benefits for carers

Phoenix Group ingrains support for carers in its corporate culture

5th July 2022 6:00 am 1st July 2022 11:24 am
Opinion Benefits for carers

Sarah Jackson: 20 years after introducing paternity leave, why we need to do more for fathers

5th July 2022 6:00 am 1st July 2022 11:37 am
Analysis Benefits for carers

How can employers compensate for the government’s lack of support for working carers?

5th July 2022 6:00 am 1st July 2022 11:17 am
  • Cancel reply

    Threaded commenting powered by interconnect/it code.

Explore

  • Email sign up
  • News
  • Benefits
  • Analysis
  • Supplier network
  • Events
  • Jobs
  • Video
  • Buyer’s guide
  • Case studies
  • Opinion
  • Industry sectors
    • Building & Construction
    • Charity / Voluntary
    • Financial Services
    • Healthcare
    • Industry
    • Leisure
    • Logistics
    • Manufacturing
    • Media
    • Pharmaceuticals
    • Professional Services
    • Public Sector
    • Retail
    • Technology / telecommunications
    • Transportation
    • Utilities
  • Digital editions
  • Contact us
  • Twitter
  • LinkedIn
  • Contact us
  • Cookies
  • Privacy
  • Website Terms and Conditions

Copyright @ 2021 DVV Media HR Group Ltd

built by Bournemouth Digital

DVV Media HR Group Limited. Registered in England and Wales no. 6776955.

Registered office 1st Floor Chancery House, St Nicholas Way, Sutton, Surrey SM1 1JB