Background RM2 is an employee owned consultancy specialising in the design, implementation and administration of all types of employee share plan arrangements. Our clients include private companies and those listed on AIM or similar markets. Form more information please visit our website at www.rm2.co.uk. We...
The directors and staff of RM2 are delighted to report that, following a full quality audit, we have retained our ISO 9001:2015 accreditation in quality management and system processes. ISO 9001:2015 is the leading internationally recognised quality standard for business management. Continually meeting the demanding requirements of...
RM2 does the research for the Employee Ownership Top 50, a list of the largest 50 private employee-owned companies in the UK which has been prepared annually since 2014. RM2 publishes the list in a partnership with the Employee Ownership Association (EOA). Key findings:By tracking the changes in...
There has been a slew of entrepreneurs’ relief (ER) cases lately as ER comes under increasing scrutiny in view of the tax lost to HM Treasury. (To recap, ER is a capital gains tax relief which taxes an individual’s qualifying total lifetime gains of £10m...
Amazingly, 28 June 2019 will be the seventh Employee Ownership Day – the first was celebrated on 4 July 2013. Employee ownership has really come on in leaps and bounds in recent years. It’s estimated that there are now around 350 employee owned businesses in the...
On the occasion of its 25th birthday, RM2, the market leading employee share schemes and EOT consulting business, is converting to full employee ownership as the present owners transfer their entire shareholding to an Employee Ownership Trust. Since 1994, RM2 has helped private companies set up...
The symposium is an annual opportunity for share scheme experts to share ideas, celebrate employee share schemes and (in the friendliest way) occasionally butt heads.I was fascinated to see three themes emerge from this years’ talks:Are employee share schemes a mere financial incentive or a...
On 14 February 2019, one of our directors Nigel Mason spoke with Deb Oxley OBE, chief executive of the Employee Ownership Association ("EOA"), at the annual Jack Fitzpatrick Memorial Lecture in Dublin, organised by IPSA, the Irish Proshare Association. Jack Fitzpatrick was a lifelong advocate...
On 28th November 2018, the Investment Association (“IA”) published a revised version of its principles of remuneration. The main changes are: Firstly, a recommendation of a minimum two-year period during which executives are required to hold their shares post any termination of their employment that may have...
In time honoured tradition, we hereby stick out our necks and make five bold predictions for what might happen in our world of employee share ownership in 2019. Employee Ownership Trusts (“EOT”) will graduate from niche to mainstream, five years after their introduction in the...
The big story of the year has been the increasing number of companies converting to employee ownership by selling to an employee ownership trust (“EOT”). Here’s a run down of what went down this year in the world of employee share schemes and employee ownership: January: Trust...
There was a flurry of excitement in relation to the Budget announcements about changes to entrepreneurs’ relief (“ER”), which impacts on Enterprise Management Incentive (“EMI”) options.We summarised these in our Budget blog. Some grumpiness arose because up till now, EMI option holders only had to...
Well, there is no real surprise. The largest employee-owned company in the UK is still the John Lewis Partnership, as it has been since records began. But ranking behind this much-admired behemoth in the annual league table is a dynamic group of companies, and changes...
Fantastic news that Aardman Animations, creators of Wallace & Gromit, have made the jump to employee ownership by way of an Employee Ownership Trust ("EOT") . Many congratulations to all involved! For many years, John Lewis Partnership has been the go-to name when you need to...
What does the Labour Party’s announcement on “inclusive ownership funds” mean for employee ownership? At the moment, there’s not a huge amount of detail about Labour’s recently announced policy for 10% of shares in larger companies to be awarded to employees, with additional employee representation on...
