Employees buy JobPath operator Seetec
Seetec has annual revenues of £150 million in Britain, while its Irish arm had revenues of €26.5 million in 2018
Seetec, a British company that has been paid €100 million to help run the state’s controversial job activation scheme, JobPath, for the long-term unemployed, has been bought by its own employees.
The company announced last week that its founder, Peter Cooper, had sold 51 per cent of his 80 per cent holding in the company to an Employee Ownership Trust for the benefit of the company’s 2,535 employees. An existing employee benefit trust...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Interview with Pat Lucey of Aspira: ‘People who are curious about a job will learn a whole lot more than those who just want to get the job done’
Aspira chief executive Pat Lucey learned from a mentor the value of surrounding himself with ‘learn-it-all people’, rather than know-it-all people
A fairer and more resilient pension system benefits us all
The Pension Commission’s establishment and recent report offer hope that we are on the road to creating a pension scheme fit for the future
Female-founded companies receive 10 per cent of funding
Irish data defies the international trend in which funding has fallen for female-founded companies since the pandemic took hold