EMPLOYEE SHARE PLANS (ESP)
Discover the benefits of incentivising your employees and boosting productivity with our Employee Share Option Scheme services
Employee share option plans encourage workers to enhance their performance as they directly benefit from the organisation’s success. As a result, many businesses use employee stock option plans (ESOP) as a successful development strategy.
Companies that provide employees with stock options not only retain top personnel but also incentivise their employees to achieve organisational goals and enhance productivity.
BoardRoom’s specialist ESOP team can manage all elements of your Malaysian-based or worldwide employee share option schemes, from design to implementation and ongoing administration.
Targeted ESOP solutions
BoardRoom recognises that each organisation has different objectives and that employee stock ownership programs must be carefully constructed with company objectives in mind. Because our fully digitised ESOP platform is totally adaptable, we can deliver a tailored management solution that boosts the intrinsic merits of your incentive plan.
You can anticipate flawless service from start to finish when your employee stock options are managed by industry-accredited specialists. We will guarantee that your ESOP procedures assist in boosting efficiency and decreasing costs while still complying with changing reporting standards.
Our ESOP and Long-Term Incentive Plan (LTIP) services
The ESOP department at BoardRoom is made up of senior personnel who will give you personalised support at every step of the process. We can help you maximise the benefits of an employee share option plan for both your employees and the organisation, whether you have a small firm or over 10,000 employees.
We can administer the following long-term incentive plans as well as a variety of share option schemes:
- performance share plans (PSP);
- restricted share plans (RSP);
- share appreciation rights schemes (SAR); and
- phantom share schemes (PSS).
You will receive the greatest level of client care as a BoardRoom customer, which has been created and perfected through 50 years of operations in the Asia-Pacific (APAC) region.
Our team’s domain expertise and experience in managing complicated worldwide strategies, in addition to completely integrated software, are the pillars of our business. Many of Asia Pacific’s largest employers choose BoardRoom to manage their employee stock ownership plans.
The importance of selecting an experienced ESOP provider
For international corporations, the challenges of ESOP administration can be broad. All of your share option schemes for employees must be administered in a timely and accurate way across all applicable jurisdictions. This is why working with a seasoned, global-minded business services provider is critical.
BoardRoom, as a skilled employee share option scheme service provider, can support your company in:
Alleviating your administrative burden
ESOP administration may be time-consuming for internal personnel due to its complexities. By outsourcing these tasks to BoardRoom, your Human Resources and senior management teams are free to focus on essential business growth initiatives.
Streamlining ESOP management
Our digital ESOP platform enables plan holdings visibility at all times and from any location. The system’s versatility allows us to provide custom solutions based on your needs.
Enhancing employee engagement
The simple EmployeeServe solution offers your company and its employees a mutually advantageous share plan experience. Our expert team is experienced at seamlessly integrating the system with complementary strategies to boost employee engagement.
Our premium digital ESOP platform
EmployeeServe, BoardRoom’s digital ESOP solution, offers a customised employee portal that is simple to use and provides a seamless user experience.
Why Choose BoardRoom?
Because we help take your business further, faster, at all stages
Using a trustworthy ESOP services provider can assist you in increasing motivation, productivity and retention of your employees. All while ensuring that your organisation complies with all necessary regulatory obligations.
Our 50-year history of providing exceptional customer service has made BoardRoom one of the leading employee share plan providers in APAC. As a full-service company, we can also handle your share registry, corporate secretarial, company incorporation and ESG services, and we can also look after your accounting, tax and payroll needs.
The simple client portal, which delivers real-time detailed reporting and information for your Human Resources staff, allows you to conveniently and securely access essential information.
Your employees can monitor, update and transact on their plans using their mobile devices thanks to the employee portal. For added convenience, the platform accepts international currency payments.
Get in touch with our employee plan services expert today!
YOUR POINT OF CONTACT
Managing Director Asia, Share Registry Services and Employee Plans Services
Frequently Asked Questions (FAQs)
1. What is an employee share option plan (ESOP)?
Employee Share Option Plans (ESOPs) are a form of remuneration given to employees. If an employee is part of an ESOP, it means they are able to acquire shares of the company in which they work.
2. How does an ESOP work?
ESOP plans are a way to offer employees shares for the company they work for. Employees can opt to buy a certain number of shares in the company by exercising their right to purchase the shares at a pre-determined price.
3. Is an ESOP good for employees?
ESOPs are common in Malaysia and around the world and are considered highly beneficial for both shareholders and employees.
ESOP plans are designed to align the goals of employees and shareholders and provide an incentive for the employee by giving them a vested interest in the success of the company through the shares they hold in it.
Each time employees are rewarded with shares of the company; it effectively means they own a small portion of it. If they own a part of the company, their actions directly impact the valuation of their shares.
4. How do I set up an employee stock option plan (ESOP)?
There is no one-size-fits-all solution when it comes to employee stock options plans, so it is vital to have a clear vision of what you want to achieve from it. Different types of plans have pros and cons, depending on the size, scale, and ambitions of your business.
The best way to get a tailored and bespoke plan for your business is to get in touch with our specialists here at BoardRoom. Together with our in-house software and decades of experience, we can help you to develop and administer an employee share plan that is beneficial for both your employees and shareholders.
5. What is an employee share award scheme (ESAS)?
Share award schemes are when a company gives their employees shares, as opposed to share options. As part of their income, a share award scheme counts as taxable income.
6. Why do companies adopt ESOP, ESOS or share award schemes?
Companies often choose to adopt an ESOP, ESOS or share award schemes as a way to align the employee’s interests with that of the shareholders. By giving employees the opportunity to co-own a small part of the company, the success of the company has a direct impact on their income. Additionally, these plans are a great way to increase employee retention.
7. How can BoardRoom help in ESOP and ESP services?
BoardRoom has been offering bespoke ESOP and ESP services to clients across Malaysia and APAC for years. Our team of specialists will guide you and your company through each step of its implementation while our digital platform, EmployeeServe, can be modified to fit your business needs.
EmployeeServe allows all those participating in the plan to view and manage their holdings, and the admin team to generate insightful reports and manage the scheme.
For more information on our employee share plan services or to kickstart your company’s plans, please get in touch with a member of our team.