{"id":3588,"date":"2021-06-23T13:59:26","date_gmt":"2021-06-23T08:29:26","guid":{"rendered":"https:\/\/staging.trica.co\/equity\/blog\/?p=3588"},"modified":"2022-07-01T04:29:16","modified_gmt":"2022-07-01T04:29:16","slug":"types-of-employee-share-incentive-plans-in-singapore","status":"publish","type":"post","link":"https:\/\/trica.co\/equity\/blog\/us\/types-of-employee-share-incentive-plans-in-singapore\/","title":{"rendered":"Three Types of Employee Share Incentive Plans in Singapore"},"content":{"rendered":"<p>For startups in fast-growing ecosystems such as Singapore, talent recruitment, staff loyalty, and performance motivation have always been vital. To that end, employee share incentive plans serve as important tools for businesses to achieve these objectives, by providing employees with long-term rewards linked to the success of the startup.<\/p>\n<h2>Three Types of Employee Share Incentive Plans in Singapore<\/h2>\n<p>There are three employee share incentive plans commonly put in place by companies in Singapore, namely:<\/p>\n<h3><b>Employee Share Option Plan (ESOP)<\/b><\/h3>\n<p><a href=\"https:\/\/www.trica.co\/equity\/blog\/esop\/esops-101-how-do-they-work\/\">ESOP grants employees the right to purchase shares of their company<\/a>. ESOPs are administered by the company\u2019s board of management who also lay down the rules of the scheme. Companies set aside an amount of their total equity to offer to key employees over a course of time. The company\u2019s board of management sets the exercise price of the ESOP, but the price set is as close to the Fair Market Value (FMV) of shares. Read more<\/p>\n<h3><b>Employee Share Awards Plan (ESAP)<\/b><\/h3>\n<p>An ESAP allows companies to award employees actual shares (rather than options) for free<\/p>\n<h3><b>Phantom Share Option Plan (PSOP)<\/b><\/h3>\n<p>A PSOP is a cash bonus arrangement under which the amount of the cash payment depends on the income yield and capital growth of shares in the company. No shares are actually issued or transferred in the operation of a PSOP<br \/>\nGiven the numerous variations of employee share incentive plans, there is no \u2018one-size-fits-all\u2019 regulation in Singapore that governs all the employee share incentive plans. Rather, employee share incentive plans are governed by a myriad of regulations depending on the way they are structured.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For startups in fast-growing ecosystems such as Singapore, talent recruitment, staff loyalty, and performance motivation have always been vital. To that end, employee share incentive plans serve as important tools for businesses to achieve these objectives, by providing employees with long-term rewards linked to the success of the startup. Three Types of Employee Share Incentive Plans in Singapore There are three employee share incentive plans commonly put in place by companies in Singapore, namely: Employee Share Option Plan (ESOP) ESOP grants employees the right to purchase shares of their company. ESOPs are administered by the company\u2019s board of management who [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":5490,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[40],"tags":[135,200],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Three Types of Employee Share Incentive Plans in Singapore - trica equity blog<\/title>\n<meta name=\"description\" content=\"Learn about the three employee share incentive plans commonly put in place by companies in Singapore, namely: ESOP, ESAP, and PSOP.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trica.co\/equity\/blog\/us\/types-of-employee-share-incentive-plans-in-singapore\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Three Types of Employee Share Incentive Plans in Singapore - trica equity blog\" \/>\n<meta property=\"og:description\" content=\"Learn about the three employee share incentive plans commonly put in place by companies in Singapore, namely: ESOP, ESAP, and PSOP.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trica.co\/equity\/blog\/us\/types-of-employee-share-incentive-plans-in-singapore\/\" \/>\n<meta property=\"og:site_name\" content=\"trica equity blog\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-23T08:29:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-01T04:29:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/equity-blog-us.trica.co\/wp-content\/uploads\/2022\/06\/3-types-of-employee-share-incentive-plans-in-Singapore.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"536\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"trica equity team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"trica equity team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/trica.co\/equity\/blog\/us\/#website\",\"url\":\"https:\/\/trica.co\/equity\/blog\/us\/\",\"name\":\"trica equity blog\",\"description\":\"digitize your equity stack\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/trica.co\/equity\/blog\/us\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/trica.co\/equity\/blog\/us\/types-of-employee-share-incentive-plans-in-singapore\/#primaryimage\",\"url\":\"https:\/\/equity-blog-us.trica.co\/wp-content\/uploads\/2022\/06\/3-types-of-employee-share-incentive-plans-in-Singapore.jpeg\",\"contentUrl\":\"https:\/\/equity-blog-us.trica.co\/wp-content\/uploads\/2022\/06\/3-types-of-employee-share-incentive-plans-in-Singapore.jpeg\",\"width\":1024,\"height\":536},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trica.co\/equity\/blog\/us\/types-of-employee-share-incentive-plans-in-singapore\/#webpage\",\"url\":\"https:\/\/trica.co\/equity\/blog\/us\/types-of-employee-share-incentive-plans-in-singapore\/\",\"name\":\"Three Types of Employee Share Incentive Plans in Singapore - trica equity blog\",\"isPartOf\":{\"@id\":\"https:\/\/trica.co\/equity\/blog\/us\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/trica.co\/equity\/blog\/us\/types-of-employee-share-incentive-plans-in-singapore\/#primaryimage\"},\"datePublished\":\"2021-06-23T08:29:26+00:00\",\"dateModified\":\"2022-07-01T04:29:16+00:00\",\"author\":{\"@id\":\"https:\/\/trica.co\/equity\/blog\/us\/#\/schema\/person\/d22f2a7a14aaa7879bf0677014e15809\"},\"description\":\"Learn about the three employee share incentive plans commonly put in place by companies in Singapore, namely: ESOP, ESAP, and PSOP.\",\"breadcrumb\":{\"@id\":\"https:\/\/trica.co\/equity\/blog\/us\/types-of-employee-share-incentive-plans-in-singapore\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/trica.co\/equity\/blog\/us\/types-of-employee-share-incentive-plans-in-singapore\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/trica.co\/equity\/blog\/us\/types-of-employee-share-incentive-plans-in-singapore\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/trica.co\/equity\/blog\/us\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Three Types of Employee Share Incentive Plans in Singapore\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/trica.co\/equity\/blog\/us\/#\/schema\/person\/d22f2a7a14aaa7879bf0677014e15809\",\"name\":\"trica equity team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/trica.co\/equity\/blog\/us\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/abd7b51cf908fdb09eec1e3a02523789?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/abd7b51cf908fdb09eec1e3a02523789?s=96&d=mm&r=g\",\"caption\":\"trica equity team\"},\"url\":\"https:\/\/trica.co\/equity\/blog\/us\/author\/trica-equity-team\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Three Types of Employee Share Incentive Plans in Singapore - trica equity blog","description":"Learn about the three employee share incentive plans commonly put in place by companies in Singapore, namely: ESOP, ESAP, and PSOP.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/trica.co\/equity\/blog\/us\/types-of-employee-share-incentive-plans-in-singapore\/","og_locale":"en_US","og_type":"article","og_title":"Three Types of Employee Share Incentive Plans in Singapore - trica equity blog","og_description":"Learn about the three employee share incentive plans commonly put in place by companies in Singapore, namely: ESOP, ESAP, and PSOP.","og_url":"https:\/\/trica.co\/equity\/blog\/us\/types-of-employee-share-incentive-plans-in-singapore\/","og_site_name":"trica equity blog","article_published_time":"2021-06-23T08:29:26+00:00","article_modified_time":"2022-07-01T04:29:16+00:00","og_image":[{"width":1024,"height":536,"url":"https:\/\/equity-blog-us.trica.co\/wp-content\/uploads\/2022\/06\/3-types-of-employee-share-incentive-plans-in-Singapore.jpeg","type":"image\/jpeg"}],"author":"trica equity team","twitter_card":"summary_large_image","twitter_misc":{"Written by":"trica equity team","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/trica.co\/equity\/blog\/us\/#website","url":"https:\/\/trica.co\/equity\/blog\/us\/","name":"trica equity blog","description":"digitize your equity stack","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/trica.co\/equity\/blog\/us\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/trica.co\/equity\/blog\/us\/types-of-employee-share-incentive-plans-in-singapore\/#primaryimage","url":"https:\/\/equity-blog-us.trica.co\/wp-content\/uploads\/2022\/06\/3-types-of-employee-share-incentive-plans-in-Singapore.jpeg","contentUrl":"https:\/\/equity-blog-us.trica.co\/wp-content\/uploads\/2022\/06\/3-types-of-employee-share-incentive-plans-in-Singapore.jpeg","width":1024,"height":536},{"@type":"WebPage","@id":"https:\/\/trica.co\/equity\/blog\/us\/types-of-employee-share-incentive-plans-in-singapore\/#webpage","url":"https:\/\/trica.co\/equity\/blog\/us\/types-of-employee-share-incentive-plans-in-singapore\/","name":"Three Types of Employee Share Incentive Plans in Singapore - trica equity blog","isPartOf":{"@id":"https:\/\/trica.co\/equity\/blog\/us\/#website"},"primaryImageOfPage":{"@id":"https:\/\/trica.co\/equity\/blog\/us\/types-of-employee-share-incentive-plans-in-singapore\/#primaryimage"},"datePublished":"2021-06-23T08:29:26+00:00","dateModified":"2022-07-01T04:29:16+00:00","author":{"@id":"https:\/\/trica.co\/equity\/blog\/us\/#\/schema\/person\/d22f2a7a14aaa7879bf0677014e15809"},"description":"Learn about the three employee share incentive plans commonly put in place by companies in Singapore, namely: ESOP, ESAP, and PSOP.","breadcrumb":{"@id":"https:\/\/trica.co\/equity\/blog\/us\/types-of-employee-share-incentive-plans-in-singapore\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/trica.co\/equity\/blog\/us\/types-of-employee-share-incentive-plans-in-singapore\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/trica.co\/equity\/blog\/us\/types-of-employee-share-incentive-plans-in-singapore\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/trica.co\/equity\/blog\/us\/"},{"@type":"ListItem","position":2,"name":"Three Types of Employee Share Incentive Plans in Singapore"}]},{"@type":"Person","@id":"https:\/\/trica.co\/equity\/blog\/us\/#\/schema\/person\/d22f2a7a14aaa7879bf0677014e15809","name":"trica equity team","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/trica.co\/equity\/blog\/us\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/abd7b51cf908fdb09eec1e3a02523789?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/abd7b51cf908fdb09eec1e3a02523789?s=96&d=mm&r=g","caption":"trica equity team"},"url":"https:\/\/trica.co\/equity\/blog\/us\/author\/trica-equity-team\/"}]}},"jetpack_featured_media_url":"https:\/\/equity-blog-us.trica.co\/wp-content\/uploads\/2022\/06\/3-types-of-employee-share-incentive-plans-in-Singapore.jpeg","_links":{"self":[{"href":"https:\/\/trica.co\/equity\/blog\/us\/wp-json\/wp\/v2\/posts\/3588"}],"collection":[{"href":"https:\/\/trica.co\/equity\/blog\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trica.co\/equity\/blog\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trica.co\/equity\/blog\/us\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/trica.co\/equity\/blog\/us\/wp-json\/wp\/v2\/comments?post=3588"}],"version-history":[{"count":1,"href":"https:\/\/trica.co\/equity\/blog\/us\/wp-json\/wp\/v2\/posts\/3588\/revisions"}],"predecessor-version":[{"id":5491,"href":"https:\/\/trica.co\/equity\/blog\/us\/wp-json\/wp\/v2\/posts\/3588\/revisions\/5491"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trica.co\/equity\/blog\/us\/wp-json\/wp\/v2\/media\/5490"}],"wp:attachment":[{"href":"https:\/\/trica.co\/equity\/blog\/us\/wp-json\/wp\/v2\/media?parent=3588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trica.co\/equity\/blog\/us\/wp-json\/wp\/v2\/categories?post=3588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trica.co\/equity\/blog\/us\/wp-json\/wp\/v2\/tags?post=3588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}