Grow your business and incentivise key members of your team with expert share schemes and advisory services
Share schemes allow individuals to share in your company’s equity. Depending on the size of your business and the industry in which it operates, certain tax-advantaged schemes may be available to help attract and retain key individuals.
Some of these schemes incentivise employees to stay long term and contribute to the growth of the business. Supported by our HR Consultancy team, we have the expertise to help you consider the most appropriate scheme and how best to tailor it to your business specific needs.
Share schemes within the United Kingdom can generally be summarised as follows:
Share option plans
- Enterprise Management Incentive (EMI)
- Save As You Earn (SAYE)
- Company Share Option Plan (CSOP)
- Unapproved Share Option Plans
Share plans
- Growth Shares
- Share incentive plans
- Nil paid and partly paid shares
- Phantom share schemes
A formal valuation may be required depending on which scheme is being implemented. In some cases, such as the issuing of EMI options, the actual market value and unrestricted market value will need to be agreed upon with HMRC within a certain time frame.
In the case of share plans such as the issuing of growth shares, we always recommend an independent valuation. This helps ensure that the hurdles and values are aligned with management’s requirements and obligations.