Staff with company shares are more engaged

Employee benefits that allow staff to have shares in their companies encourage better engagement according to the CIPD. For proof  just look at the performance and customer satisfaction ratings of John Lewis Partnership

Workers who own a stake in their employing firms are likely to become more "business-aware" and take an active interest in the company's progress, pointed out Charles Cotton, performance and reward advisor for the Chartered Institute of Personnel and Development.

He added that these arrangements would increase the sense of belonging experienced by staff members and make them keen about what makes the values of these shares increase or decrease.

Employees are more likely to contribute positively in the workplace to ensure that the value of their stakes in the company rise over time, Mr Cotton added.

His comments follow in the wake of a recent study published by human resources firm Kelly Services, which revealed that 53 per cent of workers believed that they would be more productive if they were allowed to have a share in the profits made by the business.

Cotton’s comments are backed up by the consistently high performance and  leading customer satisfaction ratings of both John Lewis and Waitrose part of the John Lewis Partnership and where every single employee owns a stake in the company.