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Maximising Employee Ownership: A Guide to Implementing an EOT with Mike Maynard
Manage episode 486650201 series 3669463
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Secure the future of your business with Employee Ownership Trust (EOT) implementation. Mike Maynard, an employee ownership expert, shared invaluable insights on how transitioning to an Employee Ownership Trust (EOT) can overcome financial challenges while maintaining business stability and growth. One key discussion point was the effective allocation of bonuses under an EOT. By utilising this strategy, you not only motivate and reward your team, but you also create a sense of ownership and shared success. But EOT is more than just financial incentives. It's about shifting the entire mindset and culture within your business. With EOT, you can create a more cohesive and empowered workforce, where everyone has a voice and is actively encouraged to contribute their ideas.Watch episode here: Exit Insights Episode with Mike MaynardIf you would like to learn more about how to start preparing your business, then you can get more information here: It All Begins with Insights.Learn more about your ad choices. Visit megaphone.fm/adchoices
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