Employee Ownership

Remuneration Planning and Ladder to Equity

By Craig West, September 14, 2020

Why do Employee Share Ownership Plans work? Thumbnail

Employees want more than good income, or do they?

Recent research indicates that we need to focus more time and effort on the side-benefits of employment: flexible workings hours, childcare on-site, entertainment vouchers and a table tennis table in the lunchroom. However, I don’t know any employee, in any business, who goes to work to get better at table tennis or to earn movie vouchers.

We all work to earn an income, support our family and lifestyle, pay off the mortgage, raise a family. That doesn’t mean we ignore the other factors such as recognition, respect, autonomy, that have all been shown to contribute to employee engagement. But financial compensation is likely to be most important for employees.

What Will You Get from this Webinar?

Understand remuneration structures and strategies
Find out how a remuneration strategy can help your business succeed
Design a tailor fit remuneration plan for your business

If we can increase the alignment between employees and owners, then we can get serious about having employees think and act like business owners.

Craig West

Executive Chairman | Succession Plus

Craig West is a strategic accountant with over 20 years of experience advising business owners. His background as a CPA in public practice has provided invaluable experience in the key issues of concern to business owners.

In March 2014, Craig was appointed Executive Chairman of the SME Association of Australia, Australia’s largest small business organisation representing over 300,000 business owners.

In October 2014, he was awarded the Exit Planner of the Year at the Exit Planning Institute Annual Conference in Texas, USA, due to his innovative development of an exit planning process to help business owners maximise business value and achieve a successful exit.

Craig’s proprietary structure - a Peak Performance Trust - has won the Australia-wide award for the Employee Share Ownership Plan of the year twice in four years.

In November 2018, Craig launched SME Experts in partnership with Mark Bouris’ Mentored on Podcast One and quickly grew the monthly podcast audience to over 26,500 downloads; in October 2019, he released a new podcast focused on medium-sized businesses - Mid-Market Matters.

In July 2021, Craig joined the NSW Committee for STEP (Society of Trust & Estate Practitioners) – focusing on advising families across generations.

Craig has also launched a SaaS platform, Capitaliz (which captures the 21-step process), to assist other advisers internationally deliver advisory services at scale.

In November 2021, Craig was appointed Executive Chairman of NSW Leaders, a business mentoring group for leading NSW businesses.

In July 2022, Craig West received the award of Doctor of Business Administration for his research thesis titled “Examination of the key factors driving business exit options in Australian Small and Medium Enterprises.”

Craig is passionate about encouraging business owners to think strategically, maximise the value of their business and achieve a successful exit.

Remuneration Planning and Ladder to Equity

What Will You Get from this Webinar?

If we can increase the alignment between employees and owners, then we can get serious about having employees think and act like business owners.

Interested in offering staff a stake in your business? Get your free ESS guide.

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Interested in offering staff a stake in your business?
Get your free ESS guide.