Octopus Energy operates without HR department or bonus structure
Business · 2 October 2026
Written by AI from multiple news reports
Octopus Energy runs one of Britain's biggest companies without a central HR department. The energy supplier, which has around 13,000 staff, gives people management responsibilities to individual teams instead. Legal staff help when needed.
CEO Greg Jackson also pays no bonuses to most employees. He believes bonuses push people to focus on personal gain rather than company success. Instead, every employee receives a share of company equity.
Jackson keeps the business aligned through two regular meetings. Senior executives meet every Monday to review performance data. On Fridays, all staff join a company-wide "family dinner" event.