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Employee Benefit Services (EBT, EOT & ISP)

Incentivising staff through share ownership is a proven key attribute for any business wishing to attract, retain and motivate their employees. 

Ocorian's employee benefits team are here to support companies through the journey of making their employees shareholders of a company they are proud to be part of and share in its success.

Employee Benefit Trusts (EBT): 

An EBT is a discretionary trust established by a company to hold cash, shares or other assets for the benefit of the employees of the company or group of companies. 

They are widely used by companies to attract and retain staff through the award or issue of shares.

An EBT can assist a company in many ways such as to warehouse shares to hedge against future obligations arising from the granting of incentivisation awards or the creation of an internal market in the shares of a private company.

Employee Ownership Trust (EOT): 

The EOT is an indirect form of employee ownership in which a trust holds a controlling stake in a company on behalf of all its employees.

Created by the UK Government in 2014, employee ownership provides an incentive for owners to sell a controlling stake in their business for the benefit of the employees, allowing release of capital to the founders and the continuation of the company they have worked hard to build, without the negative impacts and uncertainty of a trade sale.

EOTs create a strong platform for a business' growth and establishes a stable base for succession planning whilst providing employees with benefits such as income tax free bonuses.

International Savings Plans (ISP):

ISPs enable employers to set up flexible savings plans for their employees. These plans differ from traditional pensions offered to employees as they allow employees to access savings for those experiencing life changing events, such as termination of employment, redundancy, divorce, children going to university or those wanting to assist children starting on the property ladder.

ISPs may be favoured by employers in the Far East and Middle East, who want to help employees save for later in life. Similarly, for globally mobile employees, ISPs can provide a single stable jurisdiction for them to accrue their savings.

The ISP also has application in acting as a savings vehicles for employees to invest in their employing company as part of an international share save plan. Read more here.

What we do

Recognised for our client-centric approach and commitment to transparent pricing, we focus on building strong partnerships with our clients.

With more than 25 years' experience in the employee benefits sector, we provide tailor-made solutions in employee participation for a large portfolio of FTSE350, AIM listed and private companies.

We keep abreast of the regulatory and legal changes affecting companies, trustees and administrators, and participate in working groups to discuss and propose solutions to any new laws or regulations that may impact the way trusts are administered.

Many of our employee benefits clients cite cost, consistency and reputation as being their deciding factors in choosing Ocorian. On average, we have been able to save clients around 10-15% from their existing EBT fees. 

We can advise on and administer aspects of employee benefit arrangements including:

  • All-employee share ownership plans
  • Joint ownership equity plans
  • Nominee arrangements
  • Performance, deferred and matching share plans
  • Phantom plans
  • Share option plans
  • Warehousing and internal market arrangements
  • International savings plans

We provide our employee incentive work using Jersey trustee, Irish trustee, APSS trustee and share plan trustee vehicles.

We are a member of ProShare, a member-led, not-for-profit organisation that helps foster responsible employee share ownership.

"Ocorian (formerly Bedell) were appointed as Trustee and administrator to the Scottish and Southern Energy Employee Trust 1999, and our relationship continues some 19 years on. We receive excellent service and support from the team, and their understanding and knowledge is unrivalled particularly their advice on any developments in the trust sector, something we value greatly.

We have always been very satisfied with the services provided by Ocorian and would have no hesitation in recommending them to other potential clients."

Yvonne Taylor-Robertson, SSE plc

Connect with us

Claire Drummond

Executive Director - Corporate Services

Channel Islands

See bio
John Daughtrey

Business Development Director

United Kingdom

See bio