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Employee owners are more motivated workers.
It is generally accepted that owners of a business have a vested interest in the expansion and success of that business. Employers introduce employee equity plans to access this productivity driver and "for one or more of the following reasons:
- to align employee and employer/shareholder interests;
- to motivate employees and to improve organisational competitiveness, productivity and efficiency;
- as a long-term strategy to retain valued staff;
- as a form of employee participation and employee reward;
- to provide tax-effective financial participation;
- as a method of succession planning in small businesses; and
- as a move to privatise a company or government entity."*
(*Extract from the Department of Employment and Workplace Relations web site)
Owen Thomas & Associates Pty Limited (OTA) is very pleased to offer services in the area of general employee equity plans.
OTA:
- Believes in the philosophy of employee owners and the benefits that such ownership brings to the employer and employee/employer relationships.
- Has considerable experience in the design and implementation of employee equity strategies that result in deep and broad participation by employees.
- Provides design and implementation services for the following general employee equity plans:
- Exempt Employee Share Plan;
- Deferred Employee Share Plan;
- Employee Option Plan.
OTA's design approach will ensure that the equity employee strategy will suit your organisation's requirements.
Contact OTA to further discuss how employee share plans can assist your organisation.