Succession planning for any business is fundamental to its longevity. The recruitment sector is equally, if not more, reliant on the contribution of its key staff members than many other sectors. Retaining those key individuals and increasing the level of engagement with the company’s overall strategy, through the use of Share Option Schemes represents an excellent solution. Aligning the interests of the shareholders and key employees helps to maximise shareholder value, drive growth and build long term income and asset.
One of the most popular share option schemes is the Enterprise Management Incentive (EMI) scheme, and this guide should explain that popularity. We have included a fictional case study to illustrate how an EMI Scheme might play out.
However, despite its popularity an EMI scheme might not be the right solution for your business. In this guide we also cover Growth Shares and Phantom Shares.
Recruitment Accountants, a division of UHY Hacker Young
At UHY Hacker Young we believe that to really add value to our clients’ businesses, we need to understand those businesses. We know that to go the extra mile, we need to have real insight into the opportunities and threats in your marketplace, as well as a comprehensive view of the legislative environment in which you trade. Only by being familiar with these things can we really help you grow your business and seize the opportunities that are out there waiting for you.
Of course we carry out the standard recruitment business accountancy, finance and taxation activities, but we go well beyond that in everything we do. By means of example, we have sourced bespoke recruitment software to make your life easier and have developed specific business strategies that are unique to the recruitment sector to help recruitment managers and recruitment directors run their businesses more efficiently and more effectively.
For more details about our services, please visit our dedicated website here.
