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Employers Are Wasting 85% Of The Money They Put Into Their Equity Programs

For those operating on a global scale, the process of setting up and managing employee stock ownership plans can be complex, costly, and time-consuming. But have you considered the fact that you don't need to spend so much time or money on this anymore? Let's explore how Easop saves its users up to 85% compared to traditional methods, and why it’s an indispensable tool for modern startups.

The Cost of Traditional Methods

Granting equity traditionally involves multiple layers of complexity and expenses, especially for a team spread across different countries. Let’s break down the typical costs associated with the traditional approach:

Plan & Sub-Plan Setup

Let's take, as an example, a company headquartered in the US with a subsidiary in the UK.  This requires setting up the main ESOP plan, as well as a UK-local sub-plan, all of which can be a significant initial expense.

  • Plan (US) & Sub-Plan Setup (UK Entity): $5,000 - $10,000

Country-Specific Costs

If you have team members in multiple countries, you’ll need to set up compliant equity plans in each jurisdiction. To continue the example, let’s assume you have employees in 30 different countries.

  • Each Country (30 countries x $2,000 - $3,000): $60,000 - $90,000

Ongoing Tasks

Managing and maintaining equity plans requires ongoing work, including compliance checks, updates to legal documents, and other administrative tasks.

  • Ongoing Tasks: $20,000 per year

In total, for a team of 100 employees across 30 countries, the annual cost using traditional methods ranges from $85,000 to $120,000.

Get more out of your ESOP for less with Easop. Get started

How Easop Revolutionizes Equity Grants

Easop offers a streamlined, cost-effective solution for granting equity globally. Here’s how Easop can help you save up to 85% compared to traditional methods:

Cost Savings

By leveraging Easop's all-in-one platform, you can significantly reduce the financial burden associated with setting up and maintaining equity plans.

  • Initial Setup and Compliance: Easop simplifies the process, reducing the need for expensive legal consultations and country-specific plan setups.
  • Annual Costs: Ongoing management and compliance are handled within the platform, cutting down on administrative overhead.

Saves Time and Effort

Traditional methods require constant updates, legal consultations, and manual oversight. Easop automates many of these processes, allowing your HR and legal teams to focus on more strategic initiatives.

  • Automation: Easop automates the creation and management of equity grants, saving time and reducing errors.
  • User-Friendly Interface: The platform is designed to be intuitive, making it easy for your team to navigate and manage.

Compliance with Local Laws

One of the biggest challenges in granting equity globally is staying compliant with local regulations. Easop stays up to date with local laws, ensuring that your equity plans are always in compliance.

  • Real-Time Updates: Easop's platform is continuously updated to reflect changes in local laws and regulations.
  • Legal Expertise: Easop provides built-in legal frameworks tailored to each country, eliminating the need for frequent legal consultations.

The Bottom Line

Using Easop to manage your global equity grants not only saves you a significant amount of money but also reduces the administrative burden on your team. Here’s a quick recap of the potential savings:

  • Traditional Methods: $85,000 - $120,000 per year
  • Using Easop: Up to 85% Savings

For startups and entrepreneurs, these savings can be redirected towards growth initiatives, product development, or other strategic areas essential for scaling your business.

Conclusion

Granting equity doesn’t have to be a costly, complex affair. Easop provides a modern, efficient solution that makes it easy to grant equity globally while staying compliant with local laws and reducing administrative overhead. If you’re looking to streamline your equity grant process and save money, it’s time to consider Easop.

Ready to revolutionize your equity grants? Get started here