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Milk & Honey PR gives employee trust 55% ownership of agency August 3, 2021 8:05 Global PR agency, Milk & Honey has transferred 55% of group shares to an Employee Ownership Trust (EOT). The means 52% of employees are now co-owners. In order to qualify, an employee must be at the agency for a minimum of 12 months. Today’s announcement sees Hive Group the holding company for Milk & Honey PR in Australia, UK and North America restructured as an EOT. Milk & Honey Team The four-and-a-half-year-old business has been independently valued at £3.6 million by the legal firm responsible for setting up the EOT. With 55% of Hive Group shares held by a newly created Trust, employees are now majority shareholders in the business. This entitles them to actively influence strategic decisions made by the business, as well as share in profits tax free (up to £3,600 per person per annum).

New yorkUnited statesNew south walesUnited kingdomCaroline addyMaggie gastonPaul cohenLizzie elkinKirsty leightonFiona gildeaBhive groupEmployee ownershipHoney teamTeam councilEmployee ownership trustNorth america