The great majority of UK quoted companies already operate employee share schemes. There is significant evidence that such schemes are associated with enhanced shareholder value.
However, good corporate governance requires that equity based incentives are kept constantly under review. Are they still correctly targeted? Do they still maximise tax advantages for the company, shareholders and employees? Do they still deliver value for money? We can probably cut your administration costs and suggest ways in which your schemes could be developed and improved. Contact us for further details.
Share scheme administration
In recent years the complexity of administering employee share schemes has risen alarmingly. In our experience, most quoted companies could save significant amounts of cost by outsourcing their share scheme administration. RM2 currently administers more than 300 share schemes and employee benefit trusts for 160 corporate clients. We take care of every aspect including leavers and joiners, Board minutes and resolutions and the compilation of statutory returns. RM2's proprietary software can administer every kind of share scheme on a single platform and is also internet enabled.
Good employee communication is vital to the success of any employee share incentive. RM2 has delivered hundreds of employee presentations and so is well placed to advise. Call us for more information.
Share scheme audit
Quoted companies face a variety of regulatory challenges including compliance with PAYE and NIC regulations, the Combined Code, Accounting Standards, FSA regulations, the new requirements of the 2006 Companies Act and stock exchange regulations. The RM2 Partnership can undertake an audit of your employee schemes and advise on the nature and implications of any non-compliance – click here for further details.