Alex Beidas is a newly elected employment and incentives partner at Linklaters.
I became an Incentives lawyer so I could get involved in a wide range of issues – corporate governance, financial regulation, employment law, tax, trusts law etc. It keeps my mind busy and I enjoy the human aspect.
Being part of an energetic team of enquiring minds who keep me on my toes. Since becoming a partner it’s the added responsibility, particularly having influence over the strategic direction of the team.
I think it’s the key to employee engagement, it focuses employees’ minds.
By offering tax breaks, demonstrating to companies how employee share ownership can have a transformative effect, and engaging employees to show them the benefits.
The perception of some employees that they won’t have influence over the share price.
There’s been a lot of new regulation affecting material risk takers at banks and asset managers amongst others. They are now required to hold 50 percent of their variable pay in shares, that’s certainly been a development that has increased employee share ownership.
No one would thank me for suggesting we should roll the 50 percent requirement out to other sectors…
A book on mindfulness. Planning for the future is important but we shouldn’t forget to enjoy the present.
Need to think about that one. I think balancing having two boys with my career.
Kevin Spacey, I could ask him what will happen in the 4th series of House of Cards.
I’ve done some marathons, but I think probably climbing.
Reading non-employee incentives related stuff; I don’t have a copy of Pett’s employee share schemes by my bed.