The next chapter: Our transition to Employee Ownership

A new era is unfolding at Cuttsy+Cuttsy. Our recent transition to an Employee Ownership Trust (EOT) builds on the ‘where people matter’ legacy that has defined us since day one, more than 15 years ago, championing a culture where every contribution truly counts and is rewarded. In this blog, we delve into the reasons behind our decision, what this shift means in practical terms, and how it places our people-first values firmly at the centre of our future.

What is an Employee Ownership Trust?

An EOT is a trust that holds the company’s shares on behalf of all employees. Rather than being owned by just a few individuals, our agency is now collectively held by the Cuttsy+Cuttsy team. The trust’s purpose is to ensure the business is run for everyone’s long-term benefit. If you’re part of the team, you’re automatically a beneficiary, sharing in the success you’re helping to build.

Why we’ve chosen this path

The move to an EOT reflects our people-first values and our commitment to maintaining our culture. Directors and Co-Owners, Caroline and Mathew, have transferred a controlling 80% stake to the trust, ensuring the company’s future independence and stability, and embedding our ethos into the way we operate.

Caroline and Mathew continue to lead the agency, and daily operations carry on as usual, ensuring ongoing stability and leadership. However, this is much more than a subtle shift – transferring a controlling stake to the trust marks a fundamental transformation in the structure of Cuttsy+Cuttsy. Now, the principle that everyone matters and every contribution counts is no longer just a value we talk about; it's embedded in the very fabric of our business. This structural change puts our people at the heart of the agency’s future and demonstrates, in real terms, that success is shared by all who help create it.

Building our future, together

Employee ownership brings fresh benefits. With the trust in place, everyone shares more directly in the company’s financial progress. We’ve introduced a profit-sharing scheme, and the EOT structure means qualifying bonuses can be paid tax-free up to a certain limit.

Ultimately, becoming employee-owned is about more than financial rewards. It’s about a greater sense of ownership, shared purpose, and collaboration. As Cuttsy+Cuttsy continues to grow, so does our collective reward. When we succeed, it’s together. We believe this approach sets us up for a bright, sustainable future –one where our team and the business thrive side by side.