Thomas Dalby (Gabelle) answers a query on the advantages of a Schedule 2 share incentive plan to encourage employees to stay with a company.
Question
My client owns a specialist furniture makers which is organised as a parent company that employs the directors and highly paid designers and cabinet makers; and a subsidiary that employs warehouse workers who handle the finished goods. After a key member of the design team left the directors decided that they needed to establish a share scheme to allow the design team to build up a shareholding in the company with a view to getting them to stay with the company until my client is ready to retire and potentially sell the business in seven years’ time. The client is too large to implement an EMI plan and doesn’t feel that an option plan would work. Would a...
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Thomas Dalby (Gabelle) answers a query on the advantages of a Schedule 2 share incentive plan to encourage employees to stay with a company.
Question
My client owns a specialist furniture makers which is organised as a parent company that employs the directors and highly paid designers and cabinet makers; and a subsidiary that employs warehouse workers who handle the finished goods. After a key member of the design team left the directors decided that they needed to establish a share scheme to allow the design team to build up a shareholding in the company with a view to getting them to stay with the company until my client is ready to retire and potentially sell the business in seven years’ time. The client is too large to implement an EMI plan and doesn’t feel that an option plan would work. Would a...
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If you do not subscribe but are a registered user, please enter your details in the following boxes:
