Employee Incentives & Benefits Expertise
Share schemes and equity incentives can be a vital tool for any company in attracting, retaining and motivating employees.
However, there are many legal and practical aspects to be considered when establishing and maintaining incentive schemes. If a scheme is to be effective, it must be consistent with the business’s overall strategy and stage of development. As the strategy evolves or the business grows, existing arrangements should be reviewed to ensure they remain fit for purpose.
There are many types of share based incentives available for both public and private companies. We typically advise clients on the effective structuring, design, implementation and on-going management of schemes.
The Employee Benefits team combines lawyers from our Corporate and Tax team as well as employment and pensions lawyers.
The Employee Benefits team is also home to our expertise in the area of Pensions, an area which can be a minefield for the unwary employer. We advise both employers and Trustees of pension schemes on the setting up and operation of different types of pension schemes, such as defined benefit or, increasingly, defined contribution schemes. We can advise you on the dissolution of pension schemes or help an employer through the difficulties of replacing a defined benefit scheme to defined contributions.