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The Benefits Of Employee Share Schemes

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Running Time: 7:05

Date: 01/09/2013

If you're looking for a way to encourage and retain good staff, consider an employee share scheme - but don't overlook the tax implications.

Employee share schemes are not as common in Australia as in some other advanced economies, but - says Michael Jones of Cummings Flavel McCormack - they can provide significant benefits for both employers and employees, by reducing the turnover of skilled and experienced staff, boosting productivity and encouraging innovation in cash-strapped start-up companies. There are tax implications, of course, but the system's under review at the moment by the Federal government - watch this space.


Topics: Accounting & Tax, Business Growth, Financial Management

Michael Jones, Cummings Flavel McCormack