In the UK, an employee share scheme can give your company and your employees major tax incentives, making it a highly cost-effective way of providing long term reward. Even where tax benefits aren't available, a share scheme is likely to be the most powerful way of encouraging an employee to think like an owner.
We work directly with companies or through other professional advisers. We know that your company or client faces its own unique challenges. You will need a share scheme that's been carefully designed to achieve particular business objectives, not an off-the-shelf or commodity solution. Our focus is on helping you find the right design for you share plan, then putting it in place.
Key Stages in our Share Scheme Advice Service
If you ask for our help in creating your share scheme, these will often be the principal steps:
- Listening. We'll ask you to tell us about your business, future plans and why you want a share scheme;
- Design. You may be familiar with technical terms such as EMI option, CSOP, ESOP, LTIP and SAYE. We will explain clearly the choices available to you and we will recommend to you a carefully considered solution. Sometimes there will be a choice of solutions. Our recommendations will be tailored to your company's particular needs. We'll explain clearly and concisely how it will work, any tax points and the principal legal steps you'll need to go through. We can also run financial models to help you decide how many shares you need to use;
- Implementation. We will produce the legal documents, using our tried and tested writing style and guidance notes to ensure you understand what they mean. We will also look after all necessary clearances - for example with the HM Revenue and Customs;
- Communication. For your share plan to succeed, you will need to explain it clearly and simply to your participants when it's launched, and keep them informed about your company's performance over the scheme's life. We can help with this. We produce crystal clear share scheme communications - written guides, slide shows, intranet pages and other media - using communication styles suitable for your particular employees.
- Training. If you have employees who need training in share schemes, please tell us about your needs and we will suggest a training solution. We are enthusiastic and engaging training providers, able to demystify employee share schemes for any audience.
- Aftercare. We can help you address any questions or issues arising during the life of your share scheme, and, if you require, can arrange for assistance with your share scheme administration, or for this to be outsourced.
If you are considering how to set up a share scheme in your company, please take a look at our Resources section where you will find share plan guides, calculators, Which share scheme? decision-making aids and other useful information to help you plan how your scheme may operate.
You might want to find out more about how share schemes work in practice by looking at our Case Studies.
If you would to know what clients think of our services please read our Testimonials.
For information more specific to your business please follow the relevant link below:
To tell us more about what you want to achieve so we can help you work out the best potential solution please contact us.
