What is Phantom Stock and Why do I Keep Hearing About It?
Description:
Can I Share Company Value without Sharing Equity? The answer is yes and the solution is Phantom Stock. Twenty years ago, very few people were familiar with this concept. Today, there is much buzz about it especially among business owners that don’t want to share stock with employees. Many company leaders feel reluctant about giving away equity but feel equally strong that they want their key people to share in the value they help create. This webinar is being presented to help resolve that dilemma. Whether you have a phantom stock plan now or are just thinking about one, you will not want to miss this event!
In this webinar, you will learn:
- How a phantom stock plan works
- The difference between phantom stock options, a “full value” phantom stock and a performance share plan
- When a company should consider implementing a phantom stock plan
- How to measure the impact of phantom stock on company equity growth
- How a phantom stock plan can increase engagement and build an ownership mindset
- The three fatal mistakes of a bad plan design
- How to build a great plan (including a sneak peek at VisionLink’s proprietary plan design engine!)