Are you using the ‘Wright’ incentives?
Whatever the economic environment it is crucial to incentivise, retain and recruit employees who can drive the business forward.
We design employee incentives that are aligned with the businesses strategic goals (e.g. organic growth, shareholder exit, trade sale and listing) and deliver these incentives in the most commercial and tax efficient way as possible.
Businesses can deliver higher rewards to employees using incentives schemes, often at a lower cost than simple cash based remuneration e.g. a tax efficient share plan could deliver up to £1.35 to an employee for every £1 cost to the business compared to a cash bonus which could deliver as little as £0.59 for every £1 cost to the business.
How we can help you
Benefit from our experience in all aspects of incentive design and implementation including:
Identifying business performance drivers and designing incentives that link employee reward to business performance
Compliance with legal, regulatory and tax requirements
Maximising tax efficiency of scheme
Drafting scheme documentation
Managing stakeholder relationships including a communication strategy to ensure a scheme is understood and take-up is maximised
Ongoing support and guidance from implementation to scheme maturity.
We also have experience in advising clients on how transactions (mergers, acquisitions) impact past, current and future incentive schemes.
With all the advice you need in one place, it saves you the cost of duplicating information and dealing with tax advisers and lawyers separately. The wide range of incentive solutions we provide is typically only offered by the Big 4 accountants, so you can be sure of the best solution for your business.
For a no-obligation, no-nonsense discussion about how employee incentives can benefit your business, please contact
John Dormer.
