Employers can design their own employee share schemes, but most use of favourable tax treatment available through the four HM Revenue & Customs-approved schemes: sharesave (SAYE), share incentive plan (Sip), company share option plan (Csop) and enterprise management incentive (EMI). Executive share option plans (including long term incentives – Ltips) are used for very senior employees.
Equiniti research: Boosting loyalty.
For shares issued through share incentive plan.
To reinforce link between engagement and reward.
23,000 staff to benefit from sharesave plans.
Following new ownership deal.
Continuous communications can drive engagement with schemes.
Employers need to be aware that getting changes wrong could result in possible financial penalties.
Offers two share schemes.
Share plans should be combined with engagement.