Employee share schemes

A key building block of the innovative economy is the attraction, retention and motivation of skilled individuals. In seeking these employees, New Zealand is forced to operate in an environment where intense competition takes place on a global basis.

New Zealand's lifestyle and environment provides us with certain advantages over many of our competitors. But it is impossible for us to compete with the wages offered in richer countries.

Yes, we are all familiar with the brain drain phenomenon. But what's the solution?

Employee share ownership has an important role to play.

This type of employee incentive is nothing new in the United States, the UK and Ireland. Closer to home Singapore has established a tax-favoured Entrepreneurial Employee Stock Option Scheme.

It's a simple technique that could benefit the New Zealand economy as a whole. Learn more about it here or if you have any questions please contact me.

Mark Todd



Publications
Employee share ownership: Impediments and solutions
The Independent, 1 May 2002
Employee share ownership in an innovative economy (2)
The Independent, 24 April 2002
Employee share ownership in an innovative economy (1)
The Independent, 17 April 2002

 


Disclaimer

This publication is necessarily brief and general in nature. You should seek professional advice before taking any action in relation to the matters dealt with in this publication.