Mills’
new Employee TRUST initiative will reward loyalty and incentivise staff – and
help secure the long-term future of the company.
Mills
CNC, the exclusive distributor of Doosan machine tools in the UK and Ireland,
is a progressive company that has a reputation for challenging the
conventional, raising the bar and doing things differently.
On the
back of a highly-successful MACH show in April and major investments made to
developing its campus facility in Leamington, and with 2014 half-year results
expected to be the best in the company’s 42 year history, one might be forgiven
for thinking that Mills, which has just successfully completed a management
buy-out and the appointment of a new Operational Board of Directors, might take
its foot off the pedal.
Not so.
Because,
rather than rest on its laurels and potentially leave its continued growth and
sustainability to chance, the company has recently implemented an innovative
employee TRUST scheme designed to reward staff for their continued
service...and in doing so help secure the long-term future of the company.
The
Trust, created by the gift of a substantial share-holding by Nick Frampton and
Andrew Jack means that Mills has the widest employee participation of any
company in the UK machine tool sector.
Says
Paul Hooper-Keeley:
'Independent
research reveals that employee-owned companies consistently perform better and
deliver improved customer service.
'Because,
we are a privately-owned company with total autonomy and flexibility over the
running of our business and, because we are dedicated to improving our
performance and customer service by investing in our people, the creation of an
employee TRUST was a natural and obvious choice.'
The
TRUST gives all Mills employees a vested interest in the future growth and
profitability of the company.
It helps
address issues facing all UK manufacturing companies – namely attracting and
retaining skilled and experienced staff, and will, according to Paul
Hooper-Keeley, 'not only make existing staff feel even more valued and integral
to the future growth and success of the company, but also attract new talent to
Mills who are looking to join and contribute to one of the UK’s fastest-growing
and most innovative machine tool companies.'
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