A CELEBRATION of the benefits of employee ownership was held yesterday at a technology firm.
Insync Technology marked National Employee Ownership Day, which was launched by the Employee Ownership Association in 2013, by inviting dignitaries and students from The Petersfield School to have a look around its Petersfield base.
The company, which provides product design and manufacturing services to broadcast and related markets, has been employee-owned since 2013.
Barry Flanaghan, the company’s founder, said: ‘It is a good model and it has worked for us. There have been no down sides so far and I hope we will continue to succeed.’
Damian Hinds, the Conservative MP for East Hampshire, said: ‘Insync ticks just about every box of the sort of company that this government wants to encourage. It is hi-tech and has great employee benefits, with a great export record and great further export potential.’