Sharing the fruits of labour: we are now an Employee Ownership Trust

Milk & Honey PR is changing. From 2nd August 2021, we transferred 55% of group shares to an Employee Ownership Trust (EOT). This means anyone who has been at the agency over 12 months will become co-owners.   What on earth is an Employee Ownership Trust?  As a people first agency, we are passionate about our […]

Milk & Honey PR gives over half of group shares to its employees

Ethical, B Corp and purpose-led PR agency, Milk & Honey has transferred 55 percent of group shares to an Employee Ownership Trust (EOT). The means 52 percent of employees are now co-owners, qualifying after just 12 months at the agency.  People owned PR Today’s announcement sees Hive Group — the holding company for Milk & Honey PR in Australia, UK and North America — restructured as an EOT. The four-and-a-half-year-old business has been independently valued at £3.6M by Moore Kingston Smith, the legal firm responsible for setting up the EOT. With 55 percent of […]