Technical tutorial: Employee Stock Option Plan (ESOP) – Involving and motivating employees key to success
The founding team is considered the driver of growth and success. However, in fast-growing startups, it's also important to attract and retain outstanding employees. For financial reasons, this is rarely possible with high salaries. This is where so-called "phantom shares" come into play.
Tim Lochner and Matthias Schubert from Rödl & Partner give you recommendations for employee participation:
- What options are there?
- Why is direct corporate ownership not suitable?
- Are there any tax advantages?
- Who should be involved?
