EY Managed Incentives

What EY can do for you

EY Managed Incentives

Incentives schemes are an essential part of driving an organisation’s performance. However, they rely on manual processes that offer limited visibility, making them complex and administratively burdensome.

The EY Managed Incentives solution provides a first-to-market online interface where you can view and initiate new Incentives services. The platform also allows you to track the progress of each of your services using an interactive workflow, and exchange data with EY and other parties. Using robust, established processes protects the value of the business whilst freeing up your stakeholders’ time to focus on your organisation’s value-add priorities.

How EY Managed Incentives works

Our EY Managed Incentives Team can help create bespoke processes to manage all incentive arrangements for your organisation, taking into consideration reporting lines, sign-off requirements, data protection and areas of strategic concern. Your bespoke processes are configured in our technology platform to provide a streamlined workflow interface between your stakeholders and EY.

Where permitted, EY then take on day-to-day management of and responsibility for these processes, with our technology driving progress through the allocation and completion of the necessary steps in each workflow. We provide you access to our dashboard interface, giving you and the organisation easy visibility of progress.

Key benefits of EY Managed Incentives platform

• Centralised initiations, through an online service catalogue
• Simplified tracking, using an interactive workflow to facilitate interactions between clients, EY and third parties
• Greater visibility, via an on-demand, client-specific dashboard
• Configurable workflows, allowing for client-specific customisation to deliver bespoke solutions
• Increased efficiencies, by streamlining and centralising the governance and oversight of incentives arrangements

Our managed solution addresses the operational and strategic challenges of running successful incentives arrangements.

Example services you will have access to using EY Managed Incentives

We provide operational and strategic support to centralise, simplify and streamline incentives arrangements.

Operational

• Manage grant processes
• Coordinate settlement of awards
• Global tax rate updates
• EY Mailbox for company / employee queries
• Corporate approvals
• Tax filings
• Participant tax elections
• Off-cycle joiner / leaver processing

Strategic

• Five hours of EY Partner time every year at no cost, to discuss and analyse how your arrangements are working for you, considering the latest market insights.

Transaction readiness

• EY can maintain a signed-off electronic data room of incentives documentation, to ensure that you are ready for when the next corporate event comes around.

If you would like to further discuss your incentive arrangements or would like a demo of this solution, please contact the team to learn more.