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Each part is delivered in training sessions over 2½ days.
Part 1: Introduction to Share Plans
Latest research on benefits of employee share ownership.
- Introduction and Overview
Explains the reasons why companies choose to operate employee share plans
Explains the key elements of an employee share plan
Explains key terminology used in share plans
Explains the process to establish and amend plans
Reviews the wide range of employee and executive share plans
Latest market developments in the design of executive and employee share plans.
- Design Issues
Identifies commercial factors that will influence plan design
Explains benefits for key features in a plan
Explains briefly different types of performance measures
Identifies core documentation needed to establish, operate and administer an employee share plan
Explains key corporate governance principles
Latest best practice on global legal and tax compliance.
- Global Plans
Explains why companies choose to implement global employee and executive share plans
Identifies the areas to be considered when designing/operating global share plans
Identifies the areas to be considered when extending an international employee share plan into the UK by an overseas parent
Latest bonuses cases.
Latest cases on use of discretion.
- Legal and regulatory
Identifies the approvals and authorisations needed to implement an employee share plan
Identifies legal and regulatory issues that may arise when establishing and operating an employee share plan
Identifies issues restricting the times when options/awards can be granted and exercised or vested and resulting shares can be sold
Reviews risks of non-compliance with local regulatory requirements
Explains the key legal principles relevant to share plans including:
• formation of a contract;
• execution of option certificates;
• investment advice, and
• employment law including age discrimination
Discussion of HMRC processes to maintain status in employee change.
- All Employee Share Plans
Explains the main differences between all-employee and discretionary plans
Identifies the key elements of all-employee plans: savings related, share incentive plans
Explains the main differences between the HMRC tax advantaged plans
Review of remuneration regulations.
Discussion of use of malus and clawback.