BT, HBOS and Lloyds TSB have given £45,000 from a BT staff share scheme to charities chosen by employees.
The BT Employee Share Ownership scheme offers employees the opportunity to buy BT shares at a discount using the proceeds of savings contracts with the Halifax.
A small amount of money is often left over when this option is taken up, and this amounted to £15,000 when two BT share plans matured this financial year.
HBOS Employee Equity Solutions, which administers the plan, gave a further £15,000, as did Lloyds TSB Registrars, which provides BT shareholders with a share dealing service.
Sign up to our weekly round-up of HR news and guidance
Receive the Personnel Today Direct e-newsletter every Wednesday
BT director of corporate governance, Alan Scott, said: “BT is delighted to be able to make these generous donations to charities that genuinely reflect the interests of our employees.”
The charities that received donations of £5,000 each were:
Addison’s Disease Self Help Group
The British Wireless for the Blind Fund
Get Kids Going
The National Deaf Children’s Society
The Not Forgotten Association
Vitalise
The Way Foundation (Widowed and Young)
ChildLine
The National Society for the Prevention of Cruelty to Children (NSPCC).