The case for employee ownership of children’s care providers

Employee ownership is becoming an increasingly popular alternative to conventional private or not-for-profit ownership structures. Employee ownership can take several forms but in general involves the transferring of a company to its employees for the benefit of all staff.

There are benefits to company owners and staff from considering employee ownership and the government is also supporting the approach. There are several children’s social care providers that have transferred ownership to employees including Amberleigh Care.

In the context of this sector, principles of social value, profit reinvestment, social good and financial sustainability are key considerations. Employee ownership provides a timely alternative funding route, offering different types of partnerships and relationships with the public sector.

This webinar will hear from experts about the practical steps to take in setting up an employee-owned care business, what the benefits are for owners, employees and local authorities – and how these can improve working culture and children’s experiences and outcomes. It is an opportunity to explore the role that employee-owned providers could play in the evolving care commissioning landscape.

CONTRIBUTORS:
• Andrew Nealey, director of employee incentives at PWC
• Andrew Rome, director at Revolution Consulting
• Lucy Butler, CEO of the South East Regional Care Cooperative
• Kevin Gallagher, director at Amberleigh Care
• Chairperson: Derren Hayes, editor of cypnow.co.uk