Enterprise Management Incentive
Our approved colleague share scheme and quarterly bonus programme
Our approach to fire engineering puts us at the forefront of creating safe and sustainable buildings across the world, but we want you to know that we are equally as pioneering when it comes to the way our business is run. OFR Consultants is owned wholly by the people who work with us — whose ownership is facilitated through our EMI scheme. It is part of an independent structure, which means that we can follow our own path, with flexibility that allows us to proactively respond to the market around us. Colleagues also benefit from a quarterly bonus scheme and the topline details of both are featured below:
So, what is EMI?
EMI stands for Enterprise Management Incentive — which is an HMRC approved employee share scheme, allowing employers to grant share options to employees as a reward for efforts within the business.
It’s all inhouse
All shares in OFR Consultants are owned by current employees, this means that no third party can hold shares, so all the benefits stay within our team.
Who can benefit?
Colleagues at Principal Engineer level have the option to be a part of the OFR EMI scheme, and by October 2023 we expect to have 40+ separate shareholders.
You’re in from the start
All new starters joining us from Principal Engineer level are invited to join the scheme in the April or October following the successful completion of their probation period; and they can expect to be a shareholder 12 months after that time.
What if I’m not at Principal Engineer level?
Fear not, as ALL OFR colleagues, regardless of their role, benefit from our quarterly bonus payment, whereby 10% of profit is paid out to staff pro-rated by salary every quarter.