Understanding Your Employees’ Financial Goals
Stock options and restricted stock units (RSUs) have long been considered a way to make employees feel invested, appreciated and rewarded – and many employees have come to expect options or equity as part of their compensation package.
However, employees often have financial goals that equity may or may not serve.
Providing employees with vesting cash bonuses gives the employers the retention advantages while giving employees funds immediatly they may need to acheive their financial goals.
Consider offering your employees the option to choose a percenage of this benefit as vesting cash instead of stock options or RSUs.
Over the past few years, options have become increasingly ineffective due to a lack of:
Stock options and RSUs have a lot of fine print and moving pieces. It can be very confusing to employees.
Not all options are created equal, among employees and companies. Market fluctuations creates inconsistent income.
An option could become meaningless if the company does not experience the success they planned for.
Financial goals vary by employee. Often equity won’t motivate as effectivly as immediate cash with a vesting schedule.
How can we use
Keep when it comes to equity?
You can deliver vesting cash to employees in lieu of stock options or restricted stock units (RSUs). In doing so, employees receive cash today with the agreement to stay for a specific period of time.
Cash to Purchase Equity
You can give employees a vesting cash bonus with the sole purpose of exercising stock options and attaining what would have been unattainable equity in the company – tied to a retention period.
Flexible Equity To Vesting Cash Packages
Hiring, Retention, and Performance Solution.
Keep’s Employee Engagement Platform (KEEP) is customizable, easy to deploy, and offers companies the flexibility to deliver compensation strategies that dramatically improve hiring and retention across the organization. Keep gives employers the ability to customize and deliver vesting bonuses to address employees’ personal needs (like paying off student debt or investing in future wealth) while delivering the company tangible, trackable benefits such as tenure, engagement, and ROI.
Keep Platform Benefits
Turn-key onboarding that allows HR teams to instantly leverage the platform with no dependence on IT integrations.
Bonus Management Dashboard
Bonus dashboard for HR teams to have an integrated view of their bonus portfolio with notifications and updates (for both employers and employees) about key milestones for bonuses.
Employee self-service portal that lets employees manage their KEEP account and view their bonus vesting schedules.
Governance & Compliance
Attach performance challenges to bonuses. Set goals, if an employee achieves the goals you define, then the employee is rewarded with a reduction in vesting schedule or balance.
Enable seamless bonus delivery and funding execution for increased efficiency. Intuitive user interface (UI) for any sized organization and employees at all salary levels.
Employee Retention Program
Deploy a vesting bonus plan in minutes, not weeks.
Creating an equitable retention plan can be challenging. With KEEP you can easily select and configure vesting cash bonuses for the employees you wish to secure.
See how Keep can help you create a successful employee retention bonus program in this short video.
Did you know?
Losing, attracting, hiring, and training employees can be expensive and time consuming.
This is a very real, yet fixable problem with Keep Financial’s vesting bonuses.
The Keep Advantage.
Keep Financial is revolutionizing how companies attract and retain top talent with vesting cash bonuses – providing an easy-to-use platform to create and deploy usable cash to employees that is earned over their tenure.
Easy to implement and scale
Delivers long term engagement as these are not transactional but purpose built to drive employee engagement.
Retain top talent
Set bonus vesting schedules that drive retention. Enable employees to access the funds early to achieve their financial goals.
Build a performance culture
Reward employees for tenure and performance. Performance challenges enable businesses to achieve goals and builds morale.
More Keep Use Cases.
Protect your investment in top talent with bonuses that drive retention and motivation.
Easily reward key employees for extra effort and show they’re valued, all while driving retention.
Ensure your merger, acquisition, or other business transformation aligns with top talent retention.
Give employees the flexibility to balance equity with usable cash tied to retention.
Motivating employees to achieve specific goals can be challenging. KEEP Performing allows companies to create vesting cash bonuses with performance challenges attached.
Show your top talent they’re valued and desired at your company before a competitor does.