Our friends at comms specialist Magenta Associates have announced that the business is now owned by its employees. The company has set up an Employee Ownership Trust which owns the majority of the business. The trust will be led by five trustees to ensure the management team is running the business in the best interests of the employees. Magenta was set up in 2011 by Cathy Hayward, the former editor of FM World (now Facilitate) and FMJ magazine who spotted a gap in the market for a PR agency specialising specifically in facilities management. (more…)

The workplace continues to evolve rapidly, with the shift to hybrid models now featuring heavily in employees’ expectations. Indeed, a recent global study of workers from 11 countries, including the UK, shows 44 percent of employees prefer hybrid work. This new chapter in workplace dynamics could explain Gartner’s recent research, which has shown a growing focus on the Digital Employee Experience (DEX). The findings revealed that by 2025 half of IT organisations will have a DEX strategy, up from just 20 percent in 2023. DEX refers to the quality of employees’ interactions with technology in their work environment, and as remote work becomes the norm, a seamless DEX is crucial. (more…)

European employee benefits platform, Club Employés, has partnered with embedded finance specialists, Weavr, to power a debit card solution for employee benefits, which gives employees the power to pick the perks they prefer. By expanding access to relevant benefits through the capabilities of embedded finance, employees are more likely to engage with the benefits provided by their employers. (more…)