Given share plans are often implemented to align employee interests to that of shareholders to ensure long-term value is considered as part of decision-making, communicating their value to employees is vital. Good communication of share plans fosters:
- Employee engagement (prompting attention and action)
- Greater loyalty
- A closer alignment of interests
- A stronger work culture
- Motivation and commitment
Employees often fail to attribute a clear value to all elements of their benefits package due to a lack of financial understanding and ineffective explanation of such benefits.
For more insight about the communication process see our ‘Effective Communication is Key to Effective Share Plans‘ Factsheet.
If you would like assistance with communicating your share plans effectively then contact us for a partnered solution that is focused on a strategic approach to the communication of share plans.