Employers confident in EBT use but expect greater need for external support – Ocorian
The study found that 90% of senior executives and employee reward leaders considered their EBT to be operating at its full potential.
New research suggests most senior executives believe their organisations are making effective use of Employee Benefit Trusts (EBTs), while many expect to rely more heavily on external support for administering employee incentive plans over the coming years.
The study, conducted by Ocorian, found that 90% of senior executives and employee reward leaders across UK private and publicly listed companies considered their EBT to be operating at its full potential.
Only one in 10 respondents said their EBT was not being used effectively.
The data also highlighted which functions employers most commonly utilise.
More than 93% said their company uses an EBT to hedge future share commitments, and 95% reported effective use of EBTs to manage administration and costs associated with major vesting events.
Over half (58%) already use their EBT for off-market purchases, while the remainder said they have considered doing so.
Despite confidence in overall EBT usage, employers reported a growing need for external expertise.
Almost 72% said they currently outsource their administration for employee incentive plans, while 26% manage this work in-house.
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