Employee Share Plans can often prove very valuable in helping to motivate key personnel to improve performance and company results.

That’s exactly what happened in this recent example.

A successful family owned business had operated since 1972 and had grown to a total staff of 15. The founder and his wife owned all of the shares in the Australian operating entity and a portion of the shares in related offshore businesses.

Like many successful companies, the founder realized he needed to address the question of succession and the retention of key personnel, in particular his right hand man.

After considering different options, he decided that an Employee Share Plan would provide the right tax efficient solution.

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