Enterprise Management Incentive Scheme

Enterprise Management Incentive Scheme

a UK arrangement introduced in 2000 which enables small companies (assets under £30 million) to grant SHARE OPTIONS to their employees. Originally the maximum grant which could be made available was £1.5 million and limited to no more than 15 people. In 2001, the threshold for grants was raised to £3 million and the scheme was opened up to cover all employees. See EMPLOYEE SHARE OWNERSHIP PLAN.
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