Committed to the Employees
Employee ownership is one of the UK’s fastest-growing business models with the latest national figures indicating that 1 in 20 private company sales are to Employee Ownership Trusts (EOTs), and this rate is on the rise. Merlin has operated as a majority employee-owned business since 2017, and this year the business achieved a major milestone: Merlin became 100% employee-owned. This transition marks a profound commitment to the Merlin employees, as all shares in the company are now owned by the team either directly, or indirectly via the ownership trust.
What better way to drive alignment and the motivation to deliver exceptional products and services than to be invested and therefore a direct beneficiary of business success. The EOT is overseen by a Board of Trustees, comprising of an Employee Trustee, two Selected Trustees and an Independent Trustee. The Board of Trustees plays a vital role in ensuring that the company is run transparently and responsibly.
Here’s What Some of the Team Had to Say
Matias Garza, Drilling Engineer
“Having moved from Mexico to Scotland four years ago, joining Merlin has propelled my career. The transition was challenging, but being part of an employee-owned company has made a significant difference. It means I’m not just an engineer here; I’m part of something bigger. Knowing that my efforts directly impact the company’s success motivates me every day. Plus, the support from my colleagues has helped my family adjust to our new life, making us feel at home.”
“As Employee Trustee for the Merlin ERD Employee Ownership Trust, I am proud to represent my colleagues, and ensure their voices are heard. It’s rewarding to know that we, as a team, have a say in how the company is run and that we’re invested in its success. Being an employee–owner means more than just sharing profits; we are all committed to delivering exceptional service and supporting each other.”
Kirstene MacCorquodale, Accounts Administrator
Michal Szlachta, Senior Drilling Engineer
