SHARE PLANS & EMPLOYEE INCENTIVES
There is a wealth of research that shows that sharing a stake in the business with employees has significant benefits and can assist in its growth trajectory. It is also a way to incentivise them without cash. A lot of companies implement share plans to help them work towards their corporate objectives and this can often really assist in gearing towards an exit event.
There is a wealth of research that shows that sharing a stake in the business has significant benefits and can assist in its growth trajectory. A lot of companies implement share plans to help them work towards their corporate objectives and this can often really assist in gearing towards an exit event.
A share plan can be a vital tool in:
• recruiting the right talent
• retaining them through your journey
• incentivising them to deliver your corporate goals and create value
• rewarding them for their efforts
There are additional financial benefits to the Company (and employees) in terms of corporation tax deductions and the availability of tax-efficient share plans. When implementing a share plan however, it is important to ensure the design and implementation deliver a plan that maximises the impact for the Company, is easy to understand for the employee and also adheres to any HMRC guidelines.
We have a wealth of experience in all aspects of employee incentivisation; both with start-ups and growing business, as well as larger multi-nationals and can support with the design, implementation and also ongoing compliance as your business develops. Having dealt with a lot of business exits we are also aware of some of the pitfalls and areas that can cause issues during that process.