SaaS company Salesfire has announced the rollout of its employee share ownership plan following recent expansion and plans to double its headcount in the next 12 months.
The rollout of its employee share ownership plan is in a bid to “distribute the company’s success” to reward employees with shares in the business following recent expansion.
The tech firm works with over 600 ecommerce stores including Hamleys, TJ Hughes and Select Fashion and doubled its office space earlier this year, taking the second and third floors at Albert North’s SIXTEEN/26 building based in Middlesbrough.
The company said investment in job creation alongside growing from eight employees to 51 in three years has propelled its plans for further expansion to double its headcount in the next year.
Rich Himsworth, CEO of Salesfire, said: “We have the ambition to build a long-term, successful company and making employees shareholders is a waypost in this journey.
“The pandemic has shifted the priorities of workers all over the world. We’re lucky to have retained our staff and want to solidify their future and recognise their hard work with this next step.
“Whilst businesses across the country can be seen attracting staff with perks such as discount schemes and company cars, Salesfire is giving employees shares in the company itself.”
He added: “Salesfire has major plans for expansion, including doubling its headcount in the next 12 months. Granting shares to our staff not only rewards the team but will also attract key talent within the area to supercharge the company.”