Construction project management consultancy CPC announced this week that it has transferred ownership to its employees.

Contractor Buckingham Group has become the latest firm in the construction sector to switch to employee ownership, with 530 eligible employees receiving a £1,000 tax-free bonus.

Consultancy Curtins has handed over full ownership of the business to its employees, as it becomes the latest construction business to form an employee ownership trust (EOT)

More construction companies are moving to an employee ownership model. Neil Gerrard asks what benefits it can bring to employees and employers alike