Share Incentive Plan
The Share Incentive Plan (the ‘SIP’) was first introduced in the UK in 2000. SIP's are an HMRC (Her Majesty's Revenue & Customs) approved, tax efficient all employee plan, which provides companies with the flexibility to tailor the plan to meet their business needs. SIPs are becoming increasingly popular with companies that want to engage their workforce and recruit and retain key employees.
There are 4 main elements to the SIP from which companies can choose to use one or more of the following:
• Free Shares • Partnership Shares • Matching Shares • Dividend Shares
Read more about Share Incentive Plan: Free Shares, Partnership Shares, Matching Shares, Dividend Shares, Benefits of A SIP, See Also
Famous quotes containing the words share, incentive and/or plan:
“They [parents] can help the children work out schedules for homework, play, and television that minimize the conflicts involved in what to do first. They can offer moral support and encouragement to persist, to try again, to struggle for understanding and mastery. And they can share a child’s pleasure in mastery and accomplishment. But they must not do the job for the children.”
—Dorothy H. Cohen (20th century)
“Above all, though, children are linked to adults by the simple fact that they are in process of turning into them. For this they may be forgiven much. Children are bound to be inferior to adults, or there is no incentive to grow up.”
—Philip Larkin (1922–1986)
“The Lord wrote it all down on the little slate
Of the baby tortoise.
Outward and visible indication of the plan within,
The complex, manifold involvedness of an individual creature”
—D.H. (David Herbert)