On 28th January 2020 Prevista's Managing Director announced to all staff, partners and funders the change of ownership of the Prevista group through the transfer of Prevista Ltd to an EOT. The Prevista group is be 100% owned by a Trust governed by independent and staff trustees.
Why employee ownership?
Creating legacy. Creating a greater say for our employees. Enforcing change.
Islington headquartered Prevista is almost a quarter of a century old and has served its communities, across London and the South East, tirelessly over this period; assisting tens of thousands of disadvantaged young people & adults on their learning journey towards employment and self- employment and enabling them to progress in work, grow their businesses and improve their life prospects.
The Managing Director was keen to ensure a legacy for the company and concluded that it was fitting to pass the company into employee ownership via a Trust, thus allowing employees a direct say in the destiny of the business. With the assistance of the Employee Ownership Association, the Prevista Board agreed that an employee owned model could result in
better productivity, increased
employee participation and a
future for the company that builds on its values and successes to date.
Salik Miah, Chief Executive Officer
"It is fitting that Prevista is now held in Trust for the benefit of all employees, that employees will have a say in the destiny of the company; I am incredibly proud of all employees and their dedication to Prevista and the sector. I remain committed to working with the company over the coming transition period."
Jacqui Burke, Independent Employee Owned Trust Representative
"Prevista has always focused on creating opportunities for people in the workplace so operating as an Employee Owned Trust is entirely consistent with our ethos and values. I am proud and excited to be invited to play a part in leading Prevista into the new decade."
Faye Thomas, Executive Director
"As an employee representative on our Board I feel greater responsibility to help ensure that the
business adheres to our values, we focus on innovation and performance improvement, the well being of our staff, our learners and providing excellent customer service for our employers and stakeholders. Personally I feel privileged to represent my colleagues and ensure transparency in decision making. It is a really positive experience."
Deb Oxley OBE, CEO of the Employee Ownership Association
"We congratulate Prevista on its transition to employee ownership. By widening ownership of the business to its employees Prevista is securing the future of the business, including its ethos,
values and employees, while rooting itself locally for the longer term to the benefit of the
community it serves."
WHAT ARE THE BENEFITS TO OUR EMPLOYEES?
If you would like to see a full list of benefits, you can view them here:
HOW DOES PREVISTA EMPLOYEE OWNERSHIP WORK?
meet the employee owned trust board
Independent Trustee / Non-Executive Director / Chair
Jacqui has 30 years’ experience as an HR consultant working across a range of sectors. Over the past 15 years she has specialised in providing business, management and leadership skills training and advice for businesses in the education, employment and skills sectors.
Jacqui has been a non-Executive Director since 2006 - 2018, Chair of the Board in 2018 - 2020 and is now the Independent Chair of the Trust since it formed in 2020. She has been supporting Prevista by advising the Senior Management Team on Human Resources issues, including the rollout of our balance scorecard approach to staff performance management.
Independent Trustee / Non-Executive Director
During a 40 year career of public service Steve has held senior roles at government departments with responsibility for establishing and overseeing employment, education, and skills policy and delivery.
More recently, Steve has been undertaking research and consultancy, particularly in the development and introduction of the new Apprenticeship Standards, and is a non-Executive Director advising Prevista’s Senior Management Team on systems, scrutiny, risk and control management and financial governance across the business.
Employee Trustee
Faye re-joined Prevista in 2019 as Executive Director having previously held the role of Performance Director for 3 years in 2013 where she helped to secure various accreditations and oversaw the success of a number of programmes. Faye brings with her over 15 years of experience in the industry, including the Mayor’s office, GLA, and London Borough of Islington.
Employee Trustee
Salik leads Prevista’s team of Performance Managers and MI & Claims Officers and is responsible for performance management of all external delivery.
Salik has 13 years’ experience working on skills, employment and enterprise contracts. Since joining Prevista in January 2012 Salik has been instrumental in strengthening Prevista’s management information, claims, compliance and control systems and has championed the use of intelligent data to drive performance across the business.
SMART TRAINING FOR YOUR EMPLOYEES
FORMED IN 1996, PREVISTA’S ETHOS IS TO HELP EVERY YOUNG PERSON, ENTREPRENEUR AND DELIVERY PARTNER ACHIEVE THEIR MAXIMUM POTENTIAL AND ENSURE THAT SUCCESS IS SUSTAINABLE.
