Steve Meiklejohn is a partner at Ogier.
In what ways does employee share ownership serve a useful purpose?
It’s a fantastic way to secure loyalty and motivate employees.
How can we widen and deepen the adoption and use of employee share ownership?
We need to change the mood music around this subject. There’s too much negativity at the moment because of Inland Revenue focus of past few years.
What would you tell someone on the fence about introducing employee share ownership to their company?
If you work from the principle that the benefits to be obtained in terms of staff morale and motivation are paramount, then you will overcome any negative vibes that you may have.
What do you think will change about employee share ownership over the next five years?
I suspect we will move away from this negative path and be much more creative again in terms of what can be achieved.
What has been the most important development in employee share ownership during your career?
The varied and pregnant use of the trust concept in the employee share ownership field.
Which change to employee share plans legislation, in the UK or elsewhere, would you most like to see?
Clarification of the rules in Jersey so as to further encourage their use in the island’s business community.
Why do you think employee share ownership has enjoyed cross-party support in the UK?
Because the benefits to business are obvious.
Which aspect of the Esop Centre do you most value?
The dissemination of know how.
Which aspect of the Esop Centre would you most like to change?
None! It’s perfect.
What is your idea of perfect happiness?
Eventually running three hours 30 minutes for the marathon.
What is your most marked characteristic?
Hopefully, being able to see all points of view.
What do you consider your greatest achievement?
Passing the conveyancing paper for the Jersey bar exams.
What historical figure do you most identify with?
Which living person do you most admire?
Sir Alex Ferguson.
Who are your heroes in real life?
Which word or phrase do you most overuse?
I do not believe I do …in reality.
What is your most treasured possession?
My original racing green Mini Cooper Works car (last to be produced at John Cooper factory).