Middlesbrough software company offers employees shares following growth

A Middlesbrough based software company has announced the distribution of shares to employees to reward them for their efforts in the business’ recent expansion.

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.

“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.”

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.

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 per cent increase in turnover throughout 2020.

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.

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