David Pett Tax Partner at Pinsent Masons writes about a new form of employee share incentive scheme arrangement the executive shared ownership plan (ExSOP)
In the world of executive and employee share incentive schemes we have over the years had ESOPs CSOPs EMIs L-TIPs PSPs SARs QUESTS SIPs (and then SIPPs). Now the new buzzword is 'ExSOP' — or 'executive shared ownership plan'. An ExSOP was first established in 2003 by a subsidiary of a listed company. Since then a steadily growing number of listed and unlisted companies have now made ExSOP awards.
So what is an 'ExSOP'? First developed by the Share Plans Team at Pinsent Masons the ExSOP is an entirely new form of employee share incentive...
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David Pett Tax Partner at Pinsent Masons writes about a new form of employee share incentive scheme arrangement the executive shared ownership plan (ExSOP)
In the world of executive and employee share incentive schemes we have over the years had ESOPs CSOPs EMIs L-TIPs PSPs SARs QUESTS SIPs (and then SIPPs). Now the new buzzword is 'ExSOP' — or 'executive shared ownership plan'. An ExSOP was first established in 2003 by a subsidiary of a listed company. Since then a steadily growing number of listed and unlisted companies have now made ExSOP awards.
So what is an 'ExSOP'? First developed by the Share Plans Team at Pinsent Masons the ExSOP is an entirely new form of employee share incentive...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
