London: 1 December 2011
BT, Tesco, Marks & Spencer, BP and Henderson Global Investors were among the big winners in the prestigious 2011 ifs ProShare Annual Award Ceremony. Nearly 500 leading members of the employee share ownership industry packed into the Grand Connaught Rooms in Covent Garden to celebrate excellence in the industry. Other winners at the awards hosted by comedian Fred MacAulay, included flybe Group, Moneysupermarket.com and Cable & Wireless Worldwide.
Henderson won two awards, ‘Most effective communication’ and ‘Best overall performance in fostering employee share ownership’ for medium sized companies, and for the third year running, Tesco won the ‘Best performance in fostering employee share ownership’ for large companies.
Cable & Wireless Worldwide also received a £10,000 donation from ShareGift for their chosen charity. The award from ShareGift, the share donation charity, was in recognition of Cable and Wireless Worldwide winning the ‘Best employee share plan following a major corporate change’ prize; the judges being particularly impressed with the 98 per cent employee take up of the scheme.
John Collison, Head of ifs ProShare said:
"The quality of this years nominations was truly impressive in almost every category which made this, the 19th annual ifs ProShare awards one of the most keenly contested in years. All of the winners and commended organisations are to be fully congratulated for the commitment and excellence they have shown in engaging with their employees through exceptional employee share plans.
The long term benefit of such share plans has been demonstrated time and again. The quality and diversity demonstrated by the winners will no doubt ensure their enduring popularity and value to all employees will continue."
Full list of winners and commended finalists:
Best new share plan: flybe Group
Commended: TT electronics
Most effective use of technology: BT
Commended: Shell
Best employee share plan following a major corporate change: Cable & Wireless Worldwide
Best international share plan: BP
Commended: Invensys
Most effective communication (up to 1,000 employees): MoneySupermarket.com
Most effective communication (1,001 to 15,000 employees): Henderson Global Investors
Commended: Vodafone
Most effective communication (15,001 + employees): Marks & Spencer
Commended: BAE Systems
Best overall performance in fostering employee share ownership (1,001 to 15,000 employees): Henderson Global Investors
Commended: Legal & General
Best overall performance in fostering employee share ownership (15,001+ employees): Tesco
Commended: BT
