COVID-19 Ireland Update: Management Equity Incentive Plans - Key Considerations

Attracting, motivating and retaining staff is one of the critical challenges many businesses face. In light of cash flow constraints arising as a result of COVID-19, many employers are looking at alternative ways to ensure key employees are incentivised to perform and grow value in the business, and equity plans can often be a suitable tool to assist with this. Others are using this time to implement strategic plans that may have been planned for some time, including appropriate executive equity plans. Often, such arrangements require little day-to-day administration or cost and research indicates they can contribute to company performance due to alignment of interests between employees and employer.