For employers that use stock and option plans to motivate and retain employees, HRsoft offers a tool to plan and calculate awards.
Employers use the centralized system to apply business rules and factors to calculate awards related to their Stock Incentive Plans. The output is the number of units and the relevant value of awards for each plan participant. In addition, personalized letters or statements describing the awards and their value can be produced for distribution to participants.
All types of awards and the various rules connected with them can be supported, including:
- Stock Options
- Restricted Stock Units
- Restricted Stock Awards
- Performance Stock Units
- Stock Appreciation Rights
- Other bonuses and incentives
The automated solution gives employers substantial controls and accuracy in a centralized system.
Download the Fact Sheet below describing the Stock Incentive Plan Solution: