Participants can pay in numerous ways for their participation (being depositary receipts, shares, options or SAR). Most commonly known and used on our platform are the following four possibilities in order of preference:
– own resources (participant transfers cash)
– compensated via normal salary (one or multiple pay checks)
– compensated via a bonus
– loan given by the company to the participant
The reason to put “own resources” first is because this is the way the tax authorities always look at a transfer of any form of participation. Especially shares and depositary receipts of shares immediately hold value on the day of transaction (often the start of the participation). Preferably you immediately pay for these so called “effects” be it either from their own savings or via an arrangement with the company.
Amsterdam-based social enterprise Share Council, a FinTech startup focused on “closing the capital wealth gap by making every SME employee co-owner”, announced on Tuesday that it is proud to have raised over €1M in funding from The Sharing Group (known from MyWheels & Mijndomein) and a network of strategic angel investors. Share Council is build on the premise of “everyone a co-owner”, hence the last 100k of stock is now publicly coming available, see sharecouncil.co/investRead more
Just 5 Million EU employees own equity in the company they work for. This creates a staggering divide and it leaves Europe behind in the race for global talent.Read more