VPS Employee Share Savings
VPS Employee Share Savings is intended for companies that want to offer their employees the opportunity to make regular savings that are used to purchase shares in the company, either once a year or more frequently.
This is a reliable web-based application that simplifies and streamlines the administrative tasks involved in share-based savings programs.
Why offer an employee share-based savings program?
- To encourage employees to participate in the company’s growth and value creation
- To motivate employees to stay with the company over a longer period
- To generate enhanced profitability through the employees’ involvement as shareholders
- To build a corporate culture with a focus on ownership, and use employees’ ownership involvement as a strategy for success
We offer an application that:
- Delivers reliable and automated processes for allotting and distributing shares
- Is fully integrated with the company’s register of shareholders
- Includes special provisions for primary insiders, employee groups and overseas employees
- Manages incentive programs that involve lock-in periods for shares purchased
- Handles all the necessary tax reporting
Our application:
- Is easy to manage
- Is 100% reliable and stable
- Delivers efficiency savings in terms of time, resources and costs
- Is the most comprehensive application available on the market
How does a company implement VPS Employee Share Program?
VPS Employee Share Program is made available to companies via account operators, allowing the company to outsource its share-based remuneration program to an experienced specialist that understands the company’s requirements at every stage of the process.
By using this service, a company can invite its employees to enter into a savings agreement with the company, for example regular deductions from salary that are used to buy shares in the company. The company remains responsible for managing the sales of shares to its employees, but the account operator administers the program. This means that employees can purchase shares without paying brokers’ commission, and can benefit from the annual tax incentives available when buying shares in their employer. The application also allows for lock-in periods and for allotting bonus shares, giving the company the opportunity to use the program as a tool for attracting and retaining staff in a competitive labour market. VPS can also work with your account operator to provide advice and assistance in structuring the employee share savings program to meet your company’s particular requirements.
VPS Employee Share Savings – the easiest way to an efficient and reliable share savings program