Employee Engagement Through Bonuses & Options

Growth businesses often need to move beyond only relying on the flair and ability of the entrepreneur, transferring the management of the business down to competent managers. How well this transition is managed will have a direct impact on the businesses ability to grow through to the next stage.

vfd net often works with Business Owners to implement:

Motivational management incentive schemes linking senior managers bonuses to achievement of profit targets
Share Option Schemes - either Enterprise Management Incentive plans (EMI), revenue approved option schemes (both tax efficient) and revenue unapproved share option plans

Team building benefits are very significant:

A motivated team will be more likely to achieve goals
Better senior manager retention
Business owner can spend less time in the business

vfd net part time Finance Directors have extensive experience of working with entrepreneurs to develop their team, having managed teams through rapid growth phases through implementing all types of incentive and share option schemes. Ask us about our services.

Case Study 1

The client had a developing management team which the owner wanted to motivate towards hitting his goals. A Management Incentive Scheme was implemented, linking senior manager's bonuses to the achievement of pre-defined budgeted profit. Full scheme rules were applied, and progress was monitored every month. The client hit budgeted profit, paid out bonuses and successfully grew its turnover over 4 years from 12m to 36m.

Case Study 2

The Business Owner wanted to step back from the business. We helped design and implement an EMI Share Option Scheme which helped align the key Manager's objectives with the Owners goals. This togther with full delegation of the day to day management, released much time for the Business Owner and also provided reward for the loyalty of key managers.

Click here to Subscribe to vfdnet Newsletters