A PROVEN WEB-BASED SYSTEM

Online Share Plan System for PSP/ RSP (Performance Share Plan/ Restricted Share Plan) is a web-based system which simplifies the granting and tracking of performance-based employee share awards. It generates award letters via email to the respective employees. Employees can also track details of their different awards and corresponding vesting dates in their personal ledgers.

KEY FEATURES

YOUR HUMAN RESOURCE DEPARTMENT CAN

Manage employees' information

Create new share award and generate share award letter

Manage multiple share awards with flexible vesting schedules

Process share crediting upon vesting of share awards

Generate gains report of share awards,required for employees' income tax reporting

Compute the final awarded shares automatically based on the achievement factors entered

Enter listing/ crediting date into the system and the system will automatically update the relevant listing price from SGX

Generate detailed reports on the movement of the shares awarded, vested, lapsed, and opening/ closing balance of the share award for a selected period, to meet the company's monthly, quarterly, and annual reporting needs

Generate lapse report; list of employees whose share awards have lapsed due to resignation, expiry and adjustment, and their corresponding share awards details

YOUR EMPLOYEES CAN

View their share awards and performance conditions via Internet

Accept their share awards via Internet, if required

View up-to-date balance and vested share awards

YOUR COMPANY SECRETARY CAN

Upon vesting of awards, generate auto-populated forms for timely lodgment with the Share Registrar and SGX/ CDP

YOUR FINANCE DEPARTMENT CAN

Generate comprehensive and detailed Expensing/ Amortisation Report

EMPLOYEE SHARE OPTION PLAN

EXPENSING

Our system can generate comprehensive and detailed Expensing/ Amortisation Report for your Finance Department.

Valuation Report shows the award summary after entering the fair value

Amortisation Schedule Report tracks the amortisation schedule of the share awards quarterly or monthly, and writes back the expenses adjusted for actual forfeitures over vesting period

Cost Center Report tracks cost chargeable to each cost center

All reports are easily exported to Excel and the module can be customized to your needs.

Our Products

Perks.Vision

Company

Contact Us

456 Alexandra Road, #14-01/02 Singapore 119962

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