Grow faster with an ESOP designed to motivate your employees.
Retain & attract employees by tying their financial success with the business.
Hassle-free, sit back and relax. Let us take care of the entire process for you.
+5 Employees & Profitable
$2,000,000+ Revenue
Growth, Retention & Motivation
Businesses with 5+ employees demonstrating robust profitability.
Enterprises generating over $2,000,000 in revenue, aiming to align their employees' success with the business's success.
SMEs striving for growth and looking to motivate and retain key employees over the long term.
The Retention ESOP employs Rights with additional Restrictions to enhance employee retention and reward. Instead of traditional cash bonuses, this innovative approach leverages equity, aligning rewards with the company's share price.
Employees are granted rights that vest over three years, contingent upon meeting specific performance criteria.
Upon satisfying the vesting conditions, these rights transform into restricted shares. These shares are subject to a 10-year restriction period to ensure long-term commitment.
To safeguard and manage these assets effectively, the restricted shares are transferred to a trust.
Should an employee depart within the restriction period, a portion of their equity is reclaimed by the company. This mechanism serves as a powerful incentive for employees to remain with the company.
The Retention ESOP extends the impact of what would have been a fleeting cash bonus into a 13-year journey of financial engagement and retention. Employees with equity stakes are financially intertwined with the company's success, making their contributions directly influential to their wealth.
This overview simplifies the workings of the Retention ESOP by ESOP Pal. For a more detailed explanation, click the button below.
The Retention ESOP by ESOP Pal is crafted for cost efficiency, ensuring you don't face the steep fees common in the industry.
Forget about the $60,000 price tag. And don't even think about $30,000.
Our Retention ESOP comes at a transparent, fixed fee of $24,999 + GST. Experience unparalleled value without the premium cost!
The Retention ESOP package is comprehensive, designed for easy implementation and to enlighten your team. Here's what you get:
The total estimated value of these services is approximately $75,992!
All available for a fixed fee of $24,999 + GST.
While the Retention ESOP is priced at $24,999 + GST, significantly below its estimated value of $75,992, you might wonder how we manage this. The answer lies in our commitment to long-term partnerships rather than immediate profits.
Our primary focus isn't on the initial setup fee; instead, we derive our success from the ongoing management of ESOP plans. This approach allows us to invest in our relationship with your business, ensuring we're there to support you and your employees over the long haul.
We see the implementation of Employee Share Ownership Plans (ESOPs) as the beginning of a journey. Through ongoing administrative services, we're able to offer continued support, whether it's helping employees understand their equity, providing assistance with accounting, managing ESS tax reporting, or offering refresher sessions on financial literacy. We're also equipped to create custom surveys to gauge employee perceptions of the business and the ESOP.
This long-term partnership model allows us to make the initial setup of ESOPs accessible while ensuring we can offer valuable, ongoing support to you and your employees for as long as you have an ESOP.
Ideal for Australian SMEs looking to reduce risk, the Retention ESOP by ESOP Pal fits:
Absolutely! The Retention ESOP is versatile:
Designed for retention but it's equally effective for targeting other areas in the business in need of improvment.
It's a powerful tool to reward dedication, promote growth, and enhance retention and sustainability within your company.
We offer tailored solutions for various company stages and goals. While custom plans are available, consider our specialized plans for a more immediate fit: