For private companies EMI (Enterprise Management Incentives) options have been a successful tool for rewarding employees.
The flexibility with which they can work tends to suit all parties. For example they can be limited only to a sale of the business.
Initially introduced for senior employees at hi-tech companies they are now available for all employees in most trading companies and are more tax efficient and flexible than other option related products used to be for that private company.
Tailored with some suitable Articles they are a popular way of bringing staff to the table whilst protecting the choices for the owner/managers.
We can also advise on unapproved and other option arrangements.