The design practice has spent six months looking into the concept and talking with other employee-owned built environment businesses, including AHMM, Arup, Mott MacDonald, Turley and Steer Davies Gleave.
In a statement the directors said: "Our practice is a people-centred business, and the directors believe it is vital that all team members feel a strong sense of value and belonging. Collective ownership and transparent development through Employee Ownership strongly reinforces this premise.
"The move also enables the practice to put a succession plan in place that will see new generations at Planit-IE continuing to support existing clients, and develop new ones, long after the current directors have gone. Individuals will be able to equitably rise to senior positions through merit, without the traditional requirement of investing substantial sums to buy that status."
Management teams have now started engaging with staff on the issue and the practice will work with the Employee Ownership Association to put a structure in place for an Employee-Owned Trust.