We greatly value employee share schemes. We know they help attract talent, increase employee 'skin in the game’ and improve employee engagement. Often this great and noble idea starts off well; staff and management commend it and the admin is manageable. Until the admin isn’t manageable.
Over time the plan gains complexities such as loan schemes, lock-in schemes and optional bonus-to-shares. The plan turns into an administration-heavy, time-sucking burden that takes you away from business priorities.
With Syndex you can scale up your ESOP/ESS with confidence and keep your admin at a minimum.
More than merely record-keeping, our platform offers the ability to trade, transact, pay dividends, maximise privacy… all in one place.
Our switch to Syndex for our employee share programme is a switch from manual admin-heavy auctions to automated events, with trading in real-time. It’s been a step-change in the level of transparency it provides our employees and we’ve been able to invite a wider pool of employees into the event.
Strike a competitive edge with your employee benefit package and increase employee engagement.
Start an ESOP/employee share scheme or transfer your existing plan to Syndex. We use either the periodic or continuous market functionality to enable your ESOP/ESS trading.