Employee share plans

With the cost of living crisis hitting hard, what can employers do to help employees?

I’ve always been a strong advocate for employee share schemes (ESS), having benefited from a Save As You Earn (SAYE) scheme at a previous employer. Yet, the latest figures from HMRC suggest that the number of companies using these schemes is beginning to stagnate and in some instances drop.

A vision for the future. Every company has one. But how do you translate that vision into the enthusiasm needed to drive staff to help your business achieve it? How do you get them to care – and care enough to see it through?

Employee share save schemes can be an excellent way to engage employees with the success of an organisation, as well as enabling them to build up a savings pot. However, often take-up has been poor as employees are unsure of how to get involved, or lack knowledge about how they work.