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In this episode, we talk to Rod Hore from HHMC Global about using shares as a talent retention strategy in professional service businesses. We examine what exactly makes shares great for retaining talents, how to set this up for your organisation, and the impacts of having your employees hold shares. We also dig into other alternative strategies you can use besides giving employees shares of the company.
Rod Hore has extensive experience in providing consulting services to the recruitment industry including in preparing businesses for their exit. Today he guides us through the many considerations of using shares as a talent retention strategy, including steps for preparing for new shareholders, tips on how to become more ‘corporate’, and the right way to arrange the ‘wedding’ and plan the ‘divorce’ — using shareholders agreement.








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Episode Highlights:

* Why are we talking about this?
* Think clearly about your retention strategy
* Effects of an employee having equity in the business
* Other alternatives besides shares
* How to prepare a business for new shareholders
* Shares should not be gifted
* Splitting shareholders
* Becoming more ‘corporate’
* Arranging the wedding and planning the divorce using shareholders agreement
* Key takeaways






Connect with Rod Hore
HHMC Global
Rod on Linkedin
Rod on Twitter
HHMC on Instagram
HHMC on Facebook
Relevant Episodes:
[EP 006] Nail the Sale Part 2: Preparing your Business for Sale with Rod Hore, HHMC
[EP 005] Nail the Sale Part 1: Preparing your Business for Sale with Rod Hore, HHMC
[EP 066] Market Matters: M&A Market Update in the Recruitment Sector
[EP 021] Five Top Tips to Get Your Business Sale-Ready for Medium to Large Service-based Businesses
[EP 018] What impact will Brexit, Trump and the Asian markets have on the Australian M&A market
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* iTunes: https://itunes.apple.com/ph/podcast/talking-law/id1161414789?mt=2