Web Event Clears Up Myths about Phantom Stock

Nov. 18, 2011 - PRLog -- Long-term value sharing in a private company does not mean a business owner must give away stock. He or she can tie incentives to enterprise value in a way that is potentially better both for shareholders and employees. Such is the claim of Tom Miller, President of The VisionLink Advisory Group, a compensation design firm headquartered in Irvine, California.

Mr. Miller will substantiate this claim in an upcoming webinar entitled “What Think Ye of Phantom Stock? Does it Work?” to be held on December 6, 2011 at 8:30 a.m. PST. (Registration: http://www.vladvisors.com/business-growth-strategies/event-details.aspx?ID=89)

“Sharing equity in a closely-held company is a common issue we hear about from many business owners,” the VisionLink leader said. “They want to create an ownership mentality with their key people, but they are reluctant to do so in a way that dilutes equity and expands the number of shareholders.” Mr. Miller and his firm consult with businesses in over 30 states regarding this and other compensation matters that impact company growth and culture.

In the broadcast, VisionLink’s founder plans to help business owners, CEOs and other company leaders understand how phantom stock can be used as a successful alternative to giving away equity in a privately held company. Among the issues he will address during the web event are the following:

• How a phantom stock plan works
• The difference between phantom stock options and a “full value” plan
• When a company should consider implementing a phantom stock plan
• How to measure the impact of phantom stock on company equity growth
• How a phantom stock plan can increase engagement and build an ownership mindset
• How to avoid a bad plan and how to build one that works

The broadcast is free and registration can be accessed at: http://www.vladvisors.com/business-growth-strategies/even.... This event is one in a series of webinars VisionLink provides to the public on a monthly basis to help companies improve their compensation practices and drive better results.

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VisionLink is a compensation consulting firm that helps growth-oriented companies create greater alignment between their business plans and their rewards programs—thereby creating a unified financial vision for growing their companies.