As an employer, there are many ways you can reward and incentivise your staff, from Christmas parties to team lunches. But one of the most attractive options is an employee share scheme.
Employee share schemes allow you to give some (or all) of your employees a stake in your business. Not only are share schemes a great way to show your appreciation for your team’s hard work, but they also give staff a vested interest in your success.
In recent years, more and more companies have chosen to start an employee share scheme. By the end of the 2021 tax year, 16,330 companies were operating a scheme – a 6% increase from the year before.
But what are employee share schemes, and how do they work?
We’ve put together a guide giving details of the current schemes available, how they work and how they can benefit both the employer and employee.
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If you would like more information on setting up an employee share scheme, or which scheme may be right for you, please contact us.