Director and PDMR Shareholding: XP Factory PLC Shows Appreciation for Employee Loyalty with Share Incentives

Corporate giant, XP Factory PLC, has been the centre of attention for its recently implemented Long Service Scheme. This forward-thinking move aims to celebrate loyalty in the workplace. Employees who can boast a formidable five years of service to the group are duly recognised for their lasting contribution with free share awards equivalent to one week’s gross salary. These rewards are calculated with a generous cap of £1,800, turning the spotlight onto the company’s valued members of staff.

The Long Service Scheme was first set into motion in June 2024 with the first of these prestigious honours being issued on 18 June 2024, stirring up an exciting buzz at XP Factory PLC and among industry watchers. This corporate trailblazer has ear-marked 600,000 shares for this purpose alone, breathing a fresh breath of air into their employee rewards system.

This unique rewards scheme places XP Factory squarely in the vanguard of companies putting concrete rewards behind their verbal appreciations for longstanding service. The results of XP Factory’s move will be eagerly watched by industry observers, with the share strategy heralding a new approach to employee recognition strategy.