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More workers are looking to share in the success of their company
10th February 2015
Thousands of workers are taking up the offer of share incentives offered by their employers, while more companies are slowly starting to offer a controversial government scheme that was launched a year ago.
Almost 23,000 BT staff who took up its save as you earn scheme in 2009 walked away with a £1bn fortune last month — an average of about £40,000 each.
Jonathan Watts-Lay, Director, WEALTH at work, said: “The BT share price shot up from 61p to 389p during the term, meaning thousands of people had investments worth £80,000 to £90,000 at maturity, even though monthly contributions were limited to £225.”
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