Zenith reward employee loyalty as part of new Employee Share Scheme
The share scheme is designed to reward loyalty, incentivise and continue to attract high calibre people to join the company.
As Zenith is partly owned by its Directors, Managers and employees this ensures that the company has high employee retention rates, relationships and knowledge, allowing the strong customer service culture to flourish.
Zenith’s investment in people has been a strategy that has consistently paid off. The company was awarded ‘One to Watch’ status in the prestigious ‘Best Companies to work for’ survey earlier this year and the employees seem to agree as long service with the company is something of a tradition. Last year long service awards were given to 29 employees who have been with Zenith for between 10 and 21 years, and over 35% who have been with the company for more than five years.
Zenith’s high employee retention rates are testament to how the company nurtures and grows talent from within. The company has developed a comprehensive training programme which is delivered through the Zenith Academy. This has re-engineered Zenith’s bespoke performance and development processes to provide further continual improvement for the knowledge, skills and happiness of employees. Training is provided by industry experts, delivered by both the management team internally and by external consultants.
Mark Phillips, chief financial officer of Zenith and responsible for the Employee Share Scheme, commented: ‘The scheme retains and enhances our core principal of company-wide equity ownership among all of our people, those who have worked in creating value in the business are set to make significant, well deserved gains.’