Kindred Group announced Tuesday it has been recognized as an ESOP (Employee Share Ownership Plan) Star 2021 at this year’s ESOP Centre Awards, which celebrate excellence in share plan management. Judged on how companies achieved success in the temporary new world, Kindred’s All Employee Share Plan shows adaption to COVID-19 due to its international and inclusive reach.
The company also accepted the award for the “Most Innovative and Creative Plan Design” at the 2022 Global Equity Organization (GEO) awards.
Kindred’s All Employee Share Plan is now double award winner 🏆🏆 Both @EsopCentre and @globalequityorg have recognised our plan. Read more here ➡️ https://t.co/0iXXkLxBKI #kindredgroup #shareplans #employeeownership pic.twitter.com/iPcxAAqQXI
— Kindred Group (@KindredGroup) June 14, 2022
In an official press release, Gavin Hayward, Chief HR Officer at Kindred, said: “We are absolutely delighted to receive these awards in recognition of our All Employee Share Plan which we are really proud of and which we’ve had so much positive feedback about from employees since we introduced it last year”.
“The awards are a great validation for us of making the bold decision to move away from a traditional long-term incentive plan structure to a much shorter cycle which we feel provides a clearer line of sight for employees to our business strategy and gives them a genuine opportunity to share in the success of Kindred”, Hayward concluded.
Original article: https://www.yogonet.com/international/news/2022/06/14/63029-kindred-wins-two-awards-for-its-all-employee-share-plan-by-esop-centre-and-global-equity-organization
