Friday August 3,2012 : GREAT MOTIVATION FOR WILL HILL EMPLOYEES
GBP3.5 million pay-out in employee share buying initiative
British online and land gambling group William Hill plc knows how to motivate employees, opines HR Magazine, reporting that the gambling group has some 700 employees signed up in its specially discounted share buying scheme for employees, with a GBP 3.5 million pay-out scheduled for this year as the company thrives and share prices rise.
The ten-year-old scheme gives employees a real stake in the success of the company, allowing them to make monthly investments of between GBP 5 and GBP 250 a month over either three or 5 years.
HR notes that employees could be benefitting handsomely from a share price that has grown from GBP 1.83 in July 2009 to last week's GBP 3.13.