Call us on 01242 224433

Starting Up

BPE has built a reputation for working with start up businesses and supporting them throughout their growth. From deciding whether to be a limited company or a sole trader to recruiting the right staff for your business and making sure your business is fully protected, we can help.

Retaining Staff

Incentivising and rewarding staff

Many employers incentivise staff in order to reduce turnover and improve productivity.  Incentivisation is not just about salary.  It could include more holiday, a flexible benefits package or performance bonuses. 

If you are introducing bonuses into your business, you need to make sure they are properly drafted. A poorly drafted bonus clause in a contract of employment or side agreement, could be challenged by disgruntled employees. You could end up paying more than you intended or lose your discretion when to pay bonuses.

Alternatively, it might be appropriate to put in place a share option scheme (some of which are highly tax efficient).

We can help you introduce properly thought through and implemented incentive and reward schemes in your business.

Get in touch