Jonathan Watts-Lay, Director, WEALTH at work comments on how financial education is essential at a share scheme's maturity.
"A lot of employers publicise the share scheme at the launch, but almost abandon employees when it reaches maturity. Education is the best way of [talking staff] through the specifics of a scheme. Staff should have a fairly good idea where the scheme is heading and whether it will have a profit or not.” He adds “the stock market has been falling and that can influence decisions but staff should understand the implications of that. In any event, once [a scheme] reaches maturity, there are decisions to make.”
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