Up to 12,000 Irish employees of British companies could be forced to walk away from significant profits arising from employee retention schemes after Brexit, it has emerged.
So-called Save As You Earn programmes are popular employee incentives for several British companies with significant employment here, including Tesco, Next, Sage and Halfords.
Under the schemes, employees save a portion of their salary every month, and can use that sum to purchase their employer’s shares at an agreed...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team