Unlocking Employee Potential Through ESOP: A Comprehensive Support Guide

At the heart of every successful company lies a team of dedicated employees, and what better way to reward their commitment than through an Employee Share Ownership Plan (ESOP)? Understanding the intricacies of ESOP can be daunting, which is why we’ve introduced a tiered support package system to cater to all our ESOP clients’ needs.

The ESOP Support Tiers: Base, Scale, and Summit

Our support system is divided into three distinct tiers, each designed to align with your company’s growth and your employees’ rewards:

• Base Package: This is the foundation of our ESOP support, providing efficient digital administration for both employees and employers. It includes ESOP administration, access to the mySharePlan app, annual valuation updates, and our monthly ESOP webinar series. Priced at $635 plus GST, it’s the perfect starting point for companies venturing into ESOP.
• Scale Package: Building on the Base, the Scale package introduces value tracking and strategic growth tools. It encompasses everything in the Base package, plus access to the Capitaliz platform, dynamic revaluations, quarterly adviser strategy sessions, and KPI design and documentation. At $2,500 plus GST, it’s tailored for companies ready to align their performance with employee rewards.
• Summit Package: The pinnacle of our ESOP support, the Summit package, offers comprehensive value acceleration. It includes all the features of the Scale package, with the addition of a strategic advisory program and monthly half-day workshops with an accredited adviser. For $5,000 plus GST, it maximises both company performance and employee reward.

Why Choose Our ESOP Support Packages?

Our ESOP support packages are more than just administrative tools; they’re a pathway to fostering a culture of ownership and success. With tiered options, you can select the level of support that best fits your company’s stage and ambitions. From the digital efficiency of the Base package to the strategic depth of the Summit package, we provide the resources you need to thrive.

Value acceleration

One of the key offerings of an Employee Ownership plan such as our Peak Performance Trust is to allow employees access to the equity value of the company they work for. This is something many employees do not have access to – and some of our clients have used the Employee Share Scheme to recruit, retain, motivate and reward key people. As an essential benefit, it is important that the equity value grows over time (which is the “main game” for all business owners). This is value acceleration. Our strategic advice packages are all focused on value acceleration – how do we speed up the growth in equity value in your business?

Investing in our ESOP support packages is investing in your company’s future and the well-being of your employees. By providing a structured approach to ESOP management, we help you unlock the full potential of your workforce, ensuring that as your company grows, so do the rewards for those who contribute to its success. A true win-win-win scenario means that the founders/existing shareholders are better off, the company/business is better off, and the employees are also better off. Value acceleration is a key component in making this happen.

Ready to reward your employees and accelerate growth? Contact us today to learn more about our ESOP packages.

Dr Craig West

Founder & Chairman | Succession Plus

Dr Craig West is a strategic accountant who has over 20 years of experience advising business owners.

With a background as an accountant in practice and two master’s degrees, Craig formed a strong view that the majority of business owners (and often their advisers) were unprepared and unaware of the steps required to prepare for exit. He then designed and documented a unique 21-Step Business Succession and Exit Planning process to assist owners and their advisers in navigating this process.

Craig now acts as a strategic business and financial mentor for mid-market business owners. Craig has written four critically acclaimed books educating business owners on employee incentives, succession planning, asset protection, and exit strategies. Additionally, he has completed doctoral research on Employee Share Ownership Plans (ESOPs) for succession.

Craig is a Member of the Forbes Business Council where he leverages his extensive experience to contribute valuable insights on helping business leaders navigate the complexities of growing and exiting their businesses.

In April 2024, the Exit Planning Institute admitted Craig to the International Exit Planning Circle of Excellence.