Buyer’s guide to share incentive plans
Employee Benefits
JULY 3, 2023
What are share incentive plans? Share incentive plans (Sips) were introduced in the UK in 2000 as a type of employee share scheme aimed at helping employees, who can purchase shares or be awarded free shares in the company, to save in a tax-efficient way. By promoting employee ownership and participation, Sips can help to align the interests of employees with the long-term success of the company.
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