The ability to attract, retain, motivate and incentivise people to key performance is a major source of competitive advantage.
Ask yourself, what incentives do I offer my high-performing employees?
Using an equity-based employee incentive plan like an Employee Share Ownership Plan (ESOP) is your secret weapon to attracting, retaining and rewarding outstanding talent.
An ESOP can engrain an ownership mindset in your employees, increase employee engagement and performance, as well as preserve your business for future succession.
Employee Share Ownership Plans (ESOPs): Attract, Retain, and Reward Key Employees
Employee Ownership is a great way to align your employees interests with yours and make them think and act like business owners.
Through an ESOP, you can create a committed team that is single-minded about working toward and sharing the benefits of a successful and profitable business.
Plus, an ESOP can not only increase productivity and maximise employee retention, it can also be used as part of an owner's exit strategy.
ESOPs carry an extensive list of perks - from employee incentives to business continuity. Research proves that ESOP companies have improved performance, higher profits, and better staff retention. Be one of them!
Earn 50,000 bonus Qantas Points when you purchase and complete an ESOP with Succession Plus by 15 May 2023.* You must be a Qantas Business Rewards member in order to be eligible for the bonus points.^
What is Qantas Business Rewards?
Qantas Business Rewards is the loyalty program that allows your business to earn Qantas Points on your everyday business expenses. As a Qantas Business Rewards member, you can start earning Qantas Points with Succession Plus, get access to flight savings and earn Qantas Points with over 50 other program partners.
If you’re not already a Qantas Business Rewards member, join free here (saving $89.50).
Complete the form below to find out if an ESOP is right for your business.
Free Webinar: Understanding Employee Share Ownership Plans (How to Attract, Retain, Motivate and Reward Your Best People)
Get the answers to all your ESOP questions. In the space of just 60 minutes in a Q&A forum hosted by Succession Plus Founder & Executive Chairman, Dr Craig West, you’ll learn:
- The four key Business Development benefits of an ESOP
- Mechanics of the model and and planning requirements
- Basics of legal and financial documentation
- Best practice ways to launch the Plan to staff
- Potential tax concessions for an ESOP
- How to use ESOP as a springboard for succession planning
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Terms and Conditions of Offer
^A business must be a Qantas Business Rewards Member to earn Qantas Points for business. A one-off join fee of $89.50 including GST normally applies, however this will be waived for Succession Plus clients. Membership and Qantas Points are subject to Qantas Business Rewards Terms and Conditions. Qantas Points for business are offered under the Succession Plus Terms and Conditions. Any claims in relation to Qantas Points under this offer must be made directly to Succession Plus by calling 1300 665 473 or emailing admin@successionplus.com.au. Qantas Points will be credited to the member’s Qantas Business Rewards account within 4 weeks of payment.
*Earn one Qantas Point for every dollar spent on all products and services provided by Succession Plus. Businesses can earn 50,000 bonus Qantas Points upon purchase and completion of a Employee Share Ownership Plan between 1 February 2023 and 15 May 2023. Qantas Points will be credited to the Qantas Business Rewards member account within 4 weeks of completion of the Business Insights Report. This offer is only valid for customers who have not begun an Employee Share Ownership Plan with Succession Plus.