share incentive plan
- HRa type of financial incentive plan in which employees can acquire shares in the company in which they work and so have an interest in its financial performance. A share incentive scheme is a type of employee stock ownership plan, in which employees may be given shares by their employer, or shares may be offered for purchase at an advantageous price, as a reward for personal or group performance. A share option is a type of share incentive scheme.
The ultimate business dictionary. 2015.
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share incentive plan — Formerly known as the all employee share ownership plan (AESOP). Introduced by the Finance Act 2000, a plan under which shares are held by a trustee on behalf of an employee under the terms of a HM Revenue & Customs (HMRC) approved trust and all… … Law dictionary
share incentive plan — UK US noun [C] FINANCE, STOCK MARKET, HR ► STOCK INCENTIVE PLAN(Cf. ↑stock incentive plan) … Financial and business terms
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… … Wikipedia
incentive plan — HR a program set up to give benefits to employees to reward them for improved commitment and performance and as a means of motivation. An incentive scheme is designed to supplement base pay and fringe benefits. A financial incentive plan may… … The ultimate business dictionary
share incentive scheme — Any scheme in which employees who achieve personal or group performance targets are rewarded with shares in the company. There are many different types of scheme. In recent years, some companies have been severely criticized by shareholders for… … Accounting dictionary
share incentive scheme — Any scheme in which employees who achieve personal or group performance targets are rewarded with shares in the company. There are many different types of scheme. In recent years, some companies have been severely criticized by shareholders for… … Big dictionary of business and management
stock incentive plan — UK US noun [C] (abbreviation SIP, also share incentive plan) FINANCE, STOCK MARKET, HR ► an arrangement where employees own a percentage of their company’s shares so that they make money when the company makes a profit: »He will continue to defer … Financial and business terms
Sales Incentive Plan — A Sales Incentive Plan (SIP) is a business tool used to motivate and compensate a sales professional (or Sales Agent) to meet goals or metrics over a specific period of time, usually broken into a plan for a fiscal quarter or fiscal year. A SIP… … Wikipedia
employee share ownership plan — UK US noun [C] UK (US employee stock ownership plan) FINANCE, HR ► a benefits plan in which employees own a percentage of their company’s shares, which are bought and managed for them by a trust (= separate organization): »An employee share… … Financial and business terms
all employee share ownership plan — (AESOP) A HM Revenue & Customs approved share scheme which offers tax benefits, now known as share incentive plans. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 … Law dictionary