“We wanted to foster an environment in which our employees could not only become more engaged in our success - but could enjoy the fruits of their labour, taking a little equity in the business.”
John and the team formed an employee council to give our staff a voice, decided on an affordable payback period from the profits generated (the first £3600 of which they receive tax-free) and crucially, put this succession plan into practice without altering the ethos of the business.
The rest, as they say, is history.
Neil’s final day with Cedesa is 30 September 2023, and he leaves having successfully instituted a team to continue the business seamlessly and in the same spirit with which Norman founded it all those years ago in 1988.
This story is just one example of the innovation, adaptation and drive to excel taking place at Cedesa. We are immensely proud of our accomplishments and ongoing support of our customers, partners, and employees.
If you’d like to learn more about our products and services, take a look at our website and contact us here.