Onrec logo The Online Recruitment Resource

Innovative Leeds-based recruitment business CSG makes all of its employees shareholders as part of their ‘great place to work’ initiative

CSG, the Global Talent Experts, headquartered in Leeds made an announcement in their recent AGM that 10% of their business is being gifted to all of their employees in shares so the business is now co-owned by every single one of its colleagues.

The founding owners of CSG, Ben Riley and Wayne Underwood took the decision to make all of their employees shareholders through an Enterprise Management Incentive (EMI) scheme. 6% was released on the 1st February and the remaining 4% will be released in July 2019.

For Ben and Wayne, the benefits were clear. Ben Riley commented, “It is a chance for us to reward our employees for their contribution to the success of CSG. It also means everyone benefits from CSG’s future success so all colleagues have a vested interest in the performance of the business. This vested interest then translates into a positive impact for our clients and candidates, with all employees being focused on delivering the highest level of service to our clients and candidates to secure business growth.”

Wayne Underwood added, “We are focused on making CSG a great place to work. This is incredibly important to us and is part of CSG’s DNA. We already have a number of initiatives in place such as on-site gyms, 2 hour fitness lunches, free fruit, flexible working, a barber and beautician service and overseas incentive trips to places like Puerto Banus and Amsterdam. We believe these all contribute to making CSG a great place to work, however, we wanted to go one step further and really make a difference to our employees, with the opportunity for them to realise a potentially life impacting sum of money if the business goes through a sale / transaction.”

CSG have put a clear roadmap in place for future growth - they plan to add further headcount and open more global offices to support their growth. Jamie Thatcher, Managing Director of CSG also commented, “We want to attract the very best people to work at CSG so being able to offer the opportunity to benefit from the company’s success makes a big difference.”

The announcement has been received positively by CSG’s employees or ‘partners’ and puts CSG on the map as an employer of choice, both within the Yorkshire region and globally.

CSG is one of the UK’s largest independently-owned recruitment organisations with 200 employees across their global offices, including Sydney and Dubai. They specialise in the placement of mid-senior level permanent and contract roles across several specialist sectors including Engineering & Construction, Consumer, Energy & Natural Resources, Business Services, Transportation, Life Sciences & Healthcare and Technology.