Again a promising start-up supporting businesses. Ownership and equity in business is a crucial question for start-ups and social enterprises, too. Cake. is also a start-up that makes equity easy for you. They offer template designed ESOPs, which can be individually altered to suit your specific needs – in minutes.

An Employee Share Option Plan (ESOP) is a method of granting equity in a business to an employee over a period of time.

It really is as simple as it sounds – the employee receives options (or rights) to be granted real shares in the business, as long as they comply with the rules of the ESOP (Plan Rules).

 

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What are the benefits of an Employee Share Option Plan?
– Incentivse your team with equity so they feel they also benefit from the growth of the company and become more invested in your vision.
– Retain your best employees with ‘time-based vesting options’ which means they need to stay for a certain amount of time so they can earn their options
– Recruit the best talent to your company by giving them skin in the game and allows you to compete with larger companies able to pay big salaries.
– Your ESOP can be customised to your companies needs.
Find out more information on the Employee Share Option Plan and many more useful services of Cake. :
Website: https://cakeequity.com

Facebook: https://www.facebook.com/CakeEquity

Instagram: https://www.instagram.com/cakeequity

Twitter: https://twitter.com/cakeequity

LinkedIn: https://www.linkedin.com/company/cake-equity/

Source: seconsultation.com