A key part of that goal is the retention and motivation of staff through effective incentive arrangements. Our Incentives and Remuneration team specialises in advising businesses on the design, implementation and operation of the right plan for them.
We can provide support and guidance to companies on the delivery of all forms of incentive and remuneration arrangements from all-employee tax advantaged plans to bespoke structures for senior executives. We work closely with our clients to consider all relevant aspects of an incentives plan including the tax efficiency, corporate and securities laws and governance issues.
Good corporate governance is becoming increasingly important and our team can guide remuneration committees on best practice and the expectations of shareholders as well as provide clear advice on the drafting and application of remuneration policies.
In our experience, the most effective incentive plans are those that are clearly communicated and understood by participants. Preparing employee-friendly documentation and providing practical assistance with the implementation process and ongoing administration is second nature to us.
We have experience of working with clients through every stage of an incentive arrangement and regularly advise on:
- the incentives and remuneration aspects of corporate transactions (e.g. management buyouts, initial public offerings and takeovers)
- enterprise management incentives
- employee share offers including those that extend to an international workforce
- performance share plans
- cash and deferred bonus arrangements
Clients we have helped include UK, international, listed, private equity-backed and owner-managed companies, hedge funds, individual executives, non-executives and trustees of employee trusts.
We are ranked as a tier 1 practice in the Legal 500 2020.