Sue Tyrer comments on benefits packages in North West Business Insider
In May 2007, an article in North West Business Insider examined the influence that benefits packages have on a company’s ability to attract and retain key personnel.
Sue Tyrer reported a growing trend for people to have more independence and control over their pensions and investments, and, as such, to seek a more portable, flexible suite of tax-efficient benefits that they can carry with them throughout their career.
Sue commented: "We are seeing more and more interest in share options and equity. For example, Centrica tracks share prices and rewards staff according to the shares’ performance. Many smaller companies are also beginning to offer equity as a way of retaining loyal talent. If the company eventually goes on to float, the employee can then cash in their shares, meaning that even those at lower levels in the business can find themselves benefiting quite significantly."
May 2007
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