Most companies haven’t thought about what they should do in the event of a wind up of a trust and yet it is something that is likely to be more relevant since the changes to the tax legislation in 2009. …
1. Do you adapt the ESPP to the Australian tax laws? This will make it more relevant and tax effective for employees. For a Company this means they will need to adapt some terms of the Plan Rules or create …
Whilst Sir Stuart Hampson was in Australia, we asked him to outline the key benefits of the John Lewis Model, here is his response: EOA Interview Sir Stuart Hampson
In the last three years there has been a growing trend towards something called the MTI or medium term incentive. This is where a portion of the cash bonus amount (from the short term incentive) is automatically deferred into shares. …
There has been significant research in this area predominantly from the UK and US but is there a case for the link between productivity and innovation in employee owned companies? Many critics have argued that this is a tenuous link …
With the review on employee ownership happening world wide is it time that Australia undergoes a review too? Employee ownership is essentially broad based participation rather than focused on a few executives. More recently it has been used as a …
1. A performance oriented workplace culture is the key to business success and this requires the following elements: (i) Formal staff skills training and education (ii) Information sharing and employee involvement and participation (iii) Decentralised decision-making, teamwork and collaboration (iv) Performance-based rewards and employee …
1. The key thing this year is vesting Most senior employee plans have a vesting point at year 3. The first time that most companies’ shares/rights/options (securities) will vest under the new tax regime is 2012 because the new tax …
Why should you participate in your Company’s ESOP? A key question for most people faced with a decision about whether to participate in a company employee share plan is what is in it for them? Free Shares For some employees …
Lessons From Successful Employee Owned Companies The National Centre for Employee Ownership in the US offers a checklist of eight “Lessons from Successful Employee Ownership Companies” which are worth considering. These are as follows: 1. The personal commitment of the …
