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TEn Celebrates EO Day

TEn Insurance Services Ltd. celebrates UK Employee Ownership Day – 30th June 2017

Staff of TEn Insurance Services based in Princes Risborough and Manchester are delighted to be part of the UK Employee Ownership Day (EO Day), run by the Employee Ownership Association (EOA), on Friday 30th June 2017.

Employee Ownership Day is an important event in our annual calendar, since this is the day that we can fully celebrate our commitment to Employee Ownership, engage our employee owners and celebrate what it truly means to be employee owned.

Our EO Day will be filled with numerous activities including, using the EO Fact & Figures for a quiz, getting everyone involved in a competition with a chance to win John Lewis vouchers and eating individual EO Day cupcakes. We will also be sharing some photos of the day on Twitter and Facebook.

Formed in 2005 and employing 47 members of staff, the employee owned Insurance Broker Network for independent start-up and small established brokers is proud to celebrate employee ownership alongside others in the sector across the UK.

Deb Oxley, CEO for the Employee Ownership Association, said:

“Companies such as TEn Insurance Services are great examples of the economic and social benefits that can be achieved in an employee owned environment. The EOA is proud to lead the sector-wide celebrations of employee ownership on EO Day 2017, as part of our activity to raise awareness and move employee ownership further into the mainstream of business structures.”

With numerous events running across the UK and the involvement of thousands of employee owners and other partners, EO Day is an integral part of the EOA’s events calendar and was introduced to raise awareness of employee ownership as an economically strong and balanced business model.

The benefits of employee ownership have been proven in EOA-led research, and include improving employee health and wellbeing, increasing productivity and fostering creativity and innovation across an array of industry sectors. In addition:

  • UK employee owned companies contribute over £30 billion to the UK economy annually
  • Employee-owners have higher levels of job satisfaction, feel a greater sense of achievement and job security, and are more likely to recommend their workplace than employees in non-employee owned businesses
  • Employee owned businesses operate in a range of sectors including healthcare, social care, education, transport, manufacturing, retail and professional services
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