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.
Deloitte research: 70% disclosed it pre-IPO.
BT and BSkyB staff have seen big payouts.
These will now take effect from April 2015.
EXCLUSIVE: Employers plan to raise monthly savings limits from 6 April.
EXCLUSIVE: Two plans matured in January.
New limits come into effect from April 2014.
Tax-efficient benefits can save both employees and employers money.
Take-up of sharesave scheme increases year-on-year.