Double ProShare Award Win Recognises JTC’s Shared Ownership Success

JTC’s long-standing commitment to employee shared ownership has been emphatically recognised, with the global service provider winning two awards at the prestigious recent ProShare Annual Awards 2024.

JTC was crowned at a ceremony in London (28 November) as winner in the ‘Most Effective Communication of an Employee Share Plan’ and as a joint winner in the ‘Best Overall Performance in Fostering Employee Share Ownership’ categories for companies with between 501 and 5,000 employees.

In the ‘Best Overall Performance in Fostering Employee Share Ownership’ category, the judges referred to JTC’s submission as a ‘stand-out’, describing the listed company’s 100% take up of employee share ownership as ‘nothing short of remarkable’ for a business in the financial services sector.

Meanwhile, in the ‘Most Effective Communication of an Employee Share Plan’ category, the judges praised JTC for an ‘excellent communications campaign, which made great use of technology and really emphasised that employee ownership is at the heart of the company’s culture’.

ProShare has been the voice of employee share ownership since 1992, with the organisation’s annual awards ceremony remaining the most coveted in the sector. The Awards celebrate excellence in the communication of employee share plans and the fostering of wider employee share ownership.

It is not the first time JTC has been successful in the ProShare Awards – in 2021, it also won the ‘Best Overall Performance in Fostering Employee Share Ownership’ category.

Shared ownership for all employees is at the heart of JTC’s culture, with its ‘Ownership for All’ model being a key differentiator in the professional services market. JTC was one of the first professional services firms to recognise the importance of employee shared ownership in attracting and retaining high quality people, fostering employee engagement, and delivering exceptional performance. It’s an approach that has received international recognition, being a case study for Harvard Business School’s renowned MBA programme.

Earlier this year the global service provider granted share awards worth around £50m to its global workforce, following the successful delivery of its ‘Galaxy Era’ business plan.

In addition to its own shared ownership model, JTC also supports other global businesses through its Employer Solutions team. The team administers and manages share plans for a diverse range of businesses, ultimately ensuring that their employees get the most from their plans by feeling valued, supported and motivated.

Nigel Le Quesne, CEO of JTC, said:

“It is an honour to be recognised by the ProShare judges in both these categories for our shared ownership model, which has been at the heart of our culture for more than 26 years. We know that our track record and continued success is fundamentally down to our people and by aligning their ambitions with those of the company we have the drive and expertise to support our clients with the exceptional levels of service they have come to expect from JTC. Further, we have been able to take that wealth of experience and apply it to supporting a growing number of businesses with their own share plan strategies.”