Ownership Values

Incentivisation and rewarding employees through the distribution of equity in the business is an integral part of how we operate. Prior to our merger, the employees excluding the board owned 22.5% of the issued equity of Vector.

In the creation of Vector Environmental Services, 20% of the company was given to the employees, and following the merger of the two organisations, Vector & IEM, 12.5% of the equity was reserved for employees.

This is a model which we find extremely successful and aligns the needs of the customers, employees and company.

When our parent company Veris plc was floated on the stock exchange last year 90% of the Vector staff held over 20% of the shares in the enlarged group. All employees with over 6 month’s service had shares in the company. This has enabled Vector to keep a highly motivated workforce who continually drives the company forward.

Inclusion

Having a team that both works and plays together is critically important. Our social events are critical to ensure that all staff feel aligned and included in the business.

Fostering interpersonal relationships is a vital part of what we are. When we need someone to stand up and be counted, we know we always have someone there to assist, take responsibility or to provide support & advice. To ensure that this is continually at the front of what we do, we continually encourage social events, which where possible, also include partners and families.