Our services for rewarding your staff
Without doubt, having a motivated team has a positive impact on your bottom line. However, achieving this through rewards in a balanced and tax-efficient manner that’s both good for you and your employees can be challenging. That’s where we come in. With our years of experience helping employers to create bonus schemes, you can rely on us to put a clear and exciting plan in place.
Bonuses and performance-related pay
Bonus payments can be subjective (and worse still, based on emotion) but done well, they can be very effective. We can help you design a bonus scheme which is based on achieving agreed targets or certain KPIs. This could be open to all of your workforce or just your key people if you prefer.
EMI schemes and share options
A share option scheme simply means that you have an agreement with your employees for a set period, and at the end they have an option to buy shares in your company.
EMI schemes are the most common these days because they are so tax efficient. If you don’t meet all of the conditions for an EMI scheme, all is not lost. You can look at growth shares and other alternatives which work well too.
Salary sacrifice arrangements
With this option your employees give up the right to part of their cash salary in exchange for something else they value more. This is popular way of remunerating employees, particularly when used in conjunction with pension contributions and other perks.
Creative ways to reward your team
We live in a candidate-led market and flexible packages will make you attractive to new recruits. Not only that, they help retain your staff and save you valuable time and money otherwise spent on recruitment. Here’s just a few ideas:
- company cars
- health and medical welfare
- wellness days and socials
- computers and mobile phones
- uniform or clothing allowance
- training and education
- gym membership
- pensions and life insurance
- additional holidays
- long service awards
- birthday treats and extra days off
- flexible hours