ESOP in Slovakia: how to motivate people in a company?

ESOPs, employee stock options or phantom shares. Topics that are also addressed by many Slovak business owners.

In this episode of Highgate Talks, Tomáš Demo and Peter Varga talk about why many ESOP programs work great on paper, but often run into legal, tax, and psychological limits in the Slovak reality.

You will learn:

Why many employees are not motivated at all by a stake in the company
Why some people will prefer a higher salary to a stake in the company
What is the difference between the sharp and the virtual (shadow) share
What are the legal and tax risks of employee shares in Slovakia
Why there is no one-size-fits-all model for employee remuneration
What mistakes companies make when setting up ESOP programs
Why the Slovak environment can be paradoxically more flexible than abroad for setting up ESOPs

If you’re dealing with employee motivation, ESOP programs, executive compensation or building an ownership culture in your company, this is an episode you shouldn’t miss.