In’s and Out’s of Employee Shared Schemes
Employers dream of high employee productivity and retention, and many employers consider gifting employees a stake in the business to motivate them. But there is more to it than that. Our PJS Accountants Newsletter for April 2015 discusses the new Employee Share Schemes (ESS) reforms that Parliament had recently enacted and how these affect shares or options issued from 1 July 2015.
Some highlights:
- The purpose of ESS
- How the new rules apply
- When a company should consider an ESS
- How a company can create an ESS
Download the April Newsletter here
There are many things to consider before implementing an employee share scheme. Contact PSJ Accountants to discuss whether an ESS is right for your company and how it should be set up to bring positive results. Dial (07) 3245 5726 or click here.