Stock Option Incentives
Available from Fox Lawson & Associates, a Division of GBS
Consider using stock option incentives as an effective way of promoting a healthy and performance-driven workforce. Stock option incentives allow you to alleviate some of the financial pressures that escalating salaries may create. Salaries are meant to help recruit and then sustain a powerful, talented team of employees to your organization, but more often than not they create a financial web that's not easy to navigate. By creating a viable option of bonus rewards through stock incentives, you are creating a compensatory outlet without gouging the profits of your organization.
The secondary impact of using stock option incentives rather than bloated salaries is equally important. From our market survey research, we recognize the positive affirmation stock incentives fuel into your organization, employee by employee. Basically, they can create a charged atmosphere in which profits and production directly feed into eligible employees' financial gain. This is tangible motivation at its best!
Other advantages in creating a stock option incentive package range from tax breaks to flexibility in measuring eligibility. Unlike other programs geared towards bonus rewards, a stock option incentive can be directed towards particular employees, thereby giving you the reins to steer this option towards those employees you most want to keep.