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Banging the Brum for Employee Ownership

20th November 2019

PACIFIC joined more than 700 delegates at the annual Employee Ownership Conference in Birmingham on November 18 and 19, 2019.

Managing Director Brian Gallacher and Accounts Assistant William McPhee helped to share, support and celebrate business excellence in EO organisations across the United Kingdom.

The event at the Hilton Metropole was the 14th annual get-together to be organised by the Employee Ownership Association, which represents businesses that are employee=owned or transitioning to employee ownership across the UK.

The EOA believe that increasing the current level of employee ownership in the UK will deliver greater economic impact for individuals, businesses and regional economies.

They are a not-for-profit body and politically independent organisation who work in close partnership with members to champion, promote and provide insight into the business case for employee ownership.

Formed 40 years ago, the EOA now boast more than 350 member companies – and the top 50 account for £23 billion in annual sales and 176,000 jobs.

Some of the biggest names include the John Lewis Partnership, Ardman Animations and Richer Sounds.

Deb Oxley, CEO of the EOA, said: “New figures from the Employee Ownership Association show that worker-owned companies are more productive and resilient on just about every measure.

“Evidence shows that the independent nature of EO business and the structures they adopt to engage their employees allow for growth over the longer term and have a huge, positive impact on business performance.”

Pacific moved to Employee Ownership at the start of 2019 – and are enjoying the benefits of sharing the success of the company with all members of staff as well as giving them more responsibility by including them in key decision-making aspects of the business.

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