Recruiter Leap29 pays out share scheme windfalls to staff

Thirty employees of recruitment business Leap29 have had cause to celebrate this summer, with windfalls averaging over £27k each as the company issued £833k of share payments.

The share payments resulted from the launch of a share scheme two years ago for all its employees “as a way to align their business growth plans and create a more inclusive company culture”, a company statement said. “As a result of their growth over the last two years, Leap29 was able to purchase the shares, recognising their team for their hard work and dedication.”

Because of social distancing, the Leap29 team were unable to celebrate their success together. However, last Friday, “we all raised a glass together in spirit to toast each other”, said HR and talent acquisition manager Andrea Mason.

Leap29 are now setting up a new share scheme for all current employees, including any that started after the initial share issue in 2018. The new scheme will be ongoing for all current and new employees, and is scheduled to be paid out every two years, with the first pay-out scheduled for March 2022, the company statement said.

• Comment below on this story. Or let us know what you think by emailing us at [email protected] or tweet us to tell us your thoughts or share this story with a friend.

NES Global Talent and Fircroft join together to form NES Fircroft

Engineering and technical talent giants NES Global Talent and the Fircroft Group are joining forces to create a combined entity that will be known as NES Fircroft, the newly formed organisation announced today.

Contracts 23 September 2020

Airswift appoints Manfred to lead digital transformation

Global workforce solutions provider Airswift has appointed Neil Manfred as its new IT director to lead the firm’s digital transformation strategy.

People 23 September 2020

Morgan Hunt unveils new branding and website

Morgan Hunt today has unveiled new branding and new-look website.

New to Market 23 September 2020

Five points to ensure your workforce is ‘recession-ready’

With the UK officially in recession, employers are encouraged to consider five urgent questions to ensure their workforce is “recession-ready”.

3 September 2020
Top