ZEDRA launches employee share scheme
10 Oct 2017
The founders of ZEDRA – the independent global specialist in Trust, Corporate and Fund services provider – has launched an innovative participation scheme that allocates a significant proportion of the groups ordinary shares to its employees.
Share incentives are commonly awarded to employees in newly established companies, offering employees the opportunity to invest in a stake in the business. Not only does the scheme align their interests with those of the owners, but it is also an effective way of providing reward to employees – regardless of seniority – within the company.
Astrud Lotz, ZEDRA Head of Human Resources said, “This plan is in keeping with the entrepreneurial spirit of ZEDRA, rewarding our colleagues with a share of the value they help create.”
A recent survey out of the U.S. regarding happiness and business profitability found that implementing employee share schemes are the most highly regarded reward programmes amongst employees. They also go a long way to boost motivation, increase productivity and help to retain the best people thereby increasing the company’s wealth.
“The Board of Directors and I passionately believe that the success of the ZEDRA brand is down to the combined work of all our people,” said Niels Nielsen, ZEDRA CEO. “I am delighted that there was a near full take up (98%) by those offered to participate in the Employee Share Scheme. As one of the founders of the business it is important for me that we share our ongoing success with our colleagues.”