Caerphilly Observer
Member Sign in | Become a Member - no adverts Manage My Membership | Log out
Menu
  • News
    • Business
    • Opinion
  • Sport
    • Rugby union
    • Football
  • Membership & Subscriptions
  • Notices
  • Advertise
  • About
  • Sponsored Content
Menu

Training firm hands 51% of ownership to its staff

Business, News | Richard Gurner | Published: 14:48, Thursday April 7th, 2022.
Last updated: 14:48, Thursday April 7th, 2022

Support quality, independent, local journalism…that matters

From just £3 a month you can help fund our work – and use our website without adverts. Become a member today

Staff at Educ8 celebrate its new employee ownership trust scheme
Staff at Educ8 celebrate its new employee ownership trust scheme

Tredomen-based training firm Educ8 has announced it has handed 51% of its ownership to its staff.

The company has set up an employee ownership trust scheme.

Colin Tucker, Chairman of Educ8 Training, said: “Since setting up the business it has always been important to have community at the heart of Educ8.

“Setting up this trust in favour of our employees means we can truly say Educ8 is embedded into our local communities. It will create true value and wealth for those that have contributed to its success.

“Our board of directors, trust representatives and all employees can continue to drive the business to even greater heights and maximise the opportunities this will bring.”

Chief executive Grant Santos added: “People are at the heart of what we do. As a company based on strong moral principles and values, this decision is a natural transition. It is our staff, the Educ8 family that has created such a great environment to work in.

“It is now time for all those involved to share in that success.”

Founded in 2004 to address skills shortages in Wales, Educ8 now employees over 200 staff.

Last year it was named as the best mid-sized company to work for in the whole of the UK.

It was awarded the title by employee engagement organisation Best Companies.

Sign up to our daily newsletter


Support quality, independent, local journalism…that matters

From just £3 a month you can help fund our work – and use our website without adverts.

Become a member today

Educ8

Latest News

  • Help wanted in library vandalism caseFriday, June 9, 2023
  • Damage at Attlee Road playground, Blackwood
    Playground set on fire and vandalised during school holidaysFriday, June 9, 2023
  • Photography exhibition shows Wales’ mining legacy and lasting community impactFriday, June 9, 2023
  • Gerwyn Price and Johnny Clayton have won the World Cup of Darts for Wales
    Price and Clayton to start World Cup in second round as Wales seededFriday, June 9, 2023
  • Ffiliffest is held in Caerphilly every year
    Get ready for a celebration of Welsh culture as Ffiliffest returnsFriday, June 9, 2023
  • New images showing how the new 'Ffos Caerffili' could look
    Three developments set to be decided by council planning committeeFriday, June 9, 2023
© 2009-2022 Caerphilly Media Ltd, Britannia House, Caerphilly Business Park, Van Road, Caerphilly, CF83 3GG. Incorporated in Wales No. 07604006.