Press Release: Salesfire Rolls Out Innovative Employee Share Ownership

By Salesfire • Last updated: Monday Jan 30th, 2023

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Salesfire has announced forward-thinking plans to distribute the company’s success by granting shares to employees to reward them for their efforts in the business’ outstanding recent expansion.

Awarded Company of the Year 2021 at the Tees Tech Awards, Salesfire has recently passed the milestone of 50 employees and aims to secure the long term future of staff as it plans to reach more than £10m turnover in the next three years.

Tech giants from the likes of Silicon Valley have long been attracting talent by handing proportions of the company ownership to staff. So after seeing accelerated growth and investment in job creation, Salesfire was ready to turn shares into a fundamental aspect of the company as one of the first in the area to do so.

Recent years have seen development into new markets for Salesfire, which has allowed the company to invest in job creation, growing from just eight employees to 51 in three years, increasing its staff count by 52% during the lockdown alone.

Rich Himsworth, CEO of Salesfire, said: “We have the ambition to build a long-term, successful company and making employees shareholders is a waypost in this journey.

“It comes at a time when we have recently passed our milestone of 50 employees with plans for more growth in 2022.”

“In unpredictable circumstances, the team has been reactive, forward-thinking and innovative, responding to client needs and industry demands which have culminated in the success we’ve seen in the last year.

“The pandemic has shifted the priorities of workers all over the world. We’re lucky to have retained our staff and want to solidify their future and recognise their hard work with this next step.

“Whilst businesses across the country can be seen attracting staff with perks such as discount schemes and company cars, Salesfire is giving employees shares in the company itself.”

In a post-pandemic world, general attitudes are changing and employees want to see more from their workplace. Salesfire recognises this and believes the progressive move to grant shares to employees is a pivotal piece of their staff offering.

Doubling its office space at Albert North’s Sixteen-26 building last year, the company has 10,000 sq ft of office space across two floors for the continually growing team and saw a 75% increase in turnover throughout 2020.

Rich continued: “Salesfire has major plans for expansion, including doubling its headcount in the next 12 months. Granting shares to our staff not only rewards the team but will also attract key talent within the area to supercharge the company.”

Growing by 332 new clients in 2020, Salesfire now works with over 600 eCommerce stores including Hamleys, TJ Hughes, Godiva and Select Fashion, as well as continuing to grow partnerships with eCommerce giants such as Klarna.

Close to realising its plans for growth into American, European and Australian markets, Salesfire’s recruitment drive continues with the aim to once again double its headcount in the next 12 months.

Roles are available across the company from the Design team to Development, Sales and Business Development teams. Visit our careers page to find out more and apply.

To find out how Salesfire can help you optimise your eCommerce site, email one of our experts at [email protected] or book a free demo of our personalisation tools.