Equatex and Baker & McKenzie recently held a seminar on the design and administration of incentive plans in Stockholm, Sweden. They were joined by guests from a number of industries, all interested in learning more about establishing a successful incentive programme.
As a leading legal adviser in Sweden, Baker & McKenzie helps public institutions and domestic and multinational organisations navigate legal complexity in local and international markets. During the seminar, they shared their knowledge on how to launch an incentive programme, covering a range of share plans and the differences between them, as well as the regulation and tax requirements that need to be considered when issuing equity compensation to participants.
Equatex’s Senior Manager, Jonas Saltnes, then presented on the administration, accounting and financial reporting for equity compensation. He explained the benefits of equity compensation, such as motivating employees, attracting and retaining qualified employees, and harmonising corporate culture.
Equatex’s Country Manager for Sweden, Tobias Andersson, helped to organise the seminar with Baker & McKenzie. He says: “It was a very enjoyable day. The event has been very well received by our guests – they were interested to hear about compensation from both a design and administration perspective.”