Preserve cashflow... and company morale
Times are tough for many firms. Some SMEs have introduced share schemes to offset a reduction in salaries. Others are using shares and options in place of a pay rise.
Using shares instead of a pay rise
Most SMEs won’t be giving out pay rises this year, following on from the Covid-19 crisis. So how can you motivate your team when cashflow is tight?
Equity is a fantastic way of incentivising key people, and in the long run it can more than compensate for any short term salary stagnation.
