Innovative and efficient executive compensation arrangements often provide the competitive edge an employer needs.
Our team is uniquely placed to deliver full service, pragmatic solutions in this rapidly developing area.
We provide professional trustee and administrative services across the full spectrum of incentive plans.
In house procedures have been developed to ensure that the demands of the employer and requirements of the employee are met.
Key Services:
Assisting with the design, establishment and on-going administration of executive compensation schemes including:
- Deferred compensation plans
- Equity ownership plans
- Pension plans
- Tailored solutions
Key Features:
Employee benefit trusts are generally used as a means of providing assurance to the employer and employee that
award and incentive arrangements will be delivered in accordance with an agreed set of plan rules.
The trustees retain control of the assets in the trust so as to provide comfort to the employee that the assets
cannot be used to benefit the employer or its creditors. In addition, the employer has the comfort that the trustee
will use the assets to benefit employees in line with the agreed plan rules and the employer is able to tailor the
plan rules to achieve the aims of the company in providing the incentives.
Plans may include both cash and share based arrangements and often include retention periods during which an award may be subject to forfeiture if an employee leaves employment within a specified period or fails to meet performance criteria that have been set out in the plan rules.
Employee benefit trusts provide an efficient solution to companies to retain and motivate employees whilst allowing them the ability to benefit from the growth in the value of their employer or, where employees are not working in their home countries, to potentially shelter cash bonuses or pension arrangements from taxes which may prevail following their return.
Employee benefit trusts are also a useful recruitment tool when considering the recruitment of Europeans to the area. Most European countries are familiar with trusts and employee incentive plans being managed in this way and in the larger financial centres they are a necessary part of the incentive package in attracting and retaining key executives.
