Employee Share Plan Survey 2014 - Succession Plus

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Employee Share Plan Survey 2014

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Employee Share Plan Survey 2014

By , February 9, 2015

According to the Computershare Employee Share Plan Survey 2014, which clearly highlights the major benefits a company can achieve by providing an ESOP:

52% of plan participants say that the plan reduced the chance they would leave the company either “to a great extent” or “to some extent”

69 % of participants feel “very loyal “ to the company

73 % of plan participants agree or strongly agree that the company is a good place to work.

Depth of ownership increases the positive behavioural effects of a share plan.

The survey concludes:

  • Participants work longer hours than non-participants.
  • Participants take less unplanned absence.
  • Participants are more motivated.
  • Participants are more loyal.
  • Talented people want to be offer an ESOP as part of their package.
  • An ESOP makes it more likely an employee will recommend the company to others as a great place to work.
  • A share plan is a highly valued benefit.
  • Plan participants are more likely to share the company’s values.
Craig West

Craig West

Managing Director | Succession Plus

Craig West is a strategic accountant who has over 20 years’ experience advising business owners. His background as a CPA in public practice, provided invaluable experience in the key issues of concern to business owners. Following 6 years of study to gain two masters degrees, Craig focused on Capital Gains Tax (CGT) for business sales advising on strategic management of tax issues. This experience formed a very strong view that business owners (and often their advisers) were unprepared and unaware of the steps required to prepare a business for exit.

Craig now acts as a strategic mentor for mid-market business owners and has written four critically acclaimed books on employee incentives, succession planning, asset protection and exit strategies. Craig has conducted numerous seminars and keynote presentations throughout Australia & internationally, including adviser education programs for the Institute of Chartered Accountants and CPA Australia.