Compensation and benefits

Services

Compensation and benefits

Restricted Share Plans, Approved Profit Sharing Schemes, Save As You Earn (SAYE), Unapproved Share Options

Organisations seek to design and operate compensation and benefit programs in a cost-effective, tax efficient and compliant manner – for the employer as well as employees. Deloitte professionals help align compensation and benefits programs with a company's overall talent and corporate strategies, and the marketplace needs. We help address a complex array of tax matters at various stages of a company's lifecycle, including mergers, acquisitions, divestitures, right-sizing, and general restructuring. Beyond compliance, our integrated team of specialists can help explore opportunities to transform global employment programs, such as, discerning the total rewards that critical employees want and need; identifying incentives for employees to successfully carry out company business and talent plans; and exploring ideas that provide a cost-efficient return on investment (ROI).

How we can help

Employers increasingly require more inventive remuneration packages whilst retaining cost effectiveness. Compensation and benefits are key to the motivation and retention of executives and employees, and can also be structured to achieve human resources and strategic goals including tax savings for both employers and employees. Our professionals align compensation and benefits programs with a company’s overall talent and corporate strategies, and the marketplace needs.

The economic downturn has resulted in the need to defer some forms of compensation into the future, yet ensuring that the key personnel of the workforce are retained and motivated.

This, together with changes in the Irish tax landscape, has led companies to review their current incentive arrangements in order to ensure they properly support the business strategy, encourage the right behaviours, retain and motivate employees, and do not encourage excessive risk taking. From what might be considered a ‘good housekeeping’ perspective companies are reviewing current positions to ensure that incentive arrangements are structured in the most tax efficient manner.

Our compensation and benefits team is comprised of professional and experienced accountants and employment tax specialists who can advise on all aspects of compensation arrangements, including:

  • Compensation structure to achieve corporate objectives while minimising or deferring tax costs
  • Equity based compensation for local and overseas employees
  • Tax planning for senior executives moving to or from Ireland, including managing all aspects of personal wealth
  • Retirement planning to maximise tax effectiveness
  • Interaction of entitlements under pension schemes and retirement planning
How we can help

Equity Remuneration Tax Compliance Workshop

Daryl Hanberry, Sarah Conry and Colin Forbes, members of our Global Employer Services team speaking with delegates at our Equity Remuneration Tax Compliance Workshop on 28 March 2017.

Equity Remuneration Tax Compliance Workshop

Jessica Hayes and Caoimhe Neary, members of our Global Employer Services team speaking with a delegate at our Equity Remuneration Tax Compliance Workshop on 28 March 2017.

Equity Remuneration Tax Compliance Workshop

Annette Kelly, a member of our Global Employer Service team speaking with delegates at our Equity Remuneration Tax Compliance Workshop on 28 March 2017.

Fore more information

Daryl Hanberry

Daryl Hanberry

Tax Partner and Head of Global Employer Services

Daryl Hanberry is a Partner within our tax department with almost 15 years’ experience with Deloitte. Daryl leads our Global Employer Services team in Ireland. Daryl deals with the provision of servic... More

Sarah Conry

Sarah Conry

Director - Tax

Sarah Conry is a director within the Global Employer Services (GES) Group. She currently advises a wide range of multinationals in relation to their global mobility functions and compensation strategi... More

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Colin Forbes

Colin Forbes

Director - Tax

Colin has in-depth experience in the provision of personal tax services to multinationals and Irish indigenous companies with mobile workforces and leads the co-ordination of expatriate tax services t... More

Jonathan Warnes

Jonathan Warnes

Director - Tax

Jonathan is a director within the Global Employer Services (GES) Group. He is responsible for advising a portfolio of clients in the financial services, retail, technology, communications and consumer... More

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Breda Mullaney

Breda Mullaney

Director - Tax

Breda Mullaney is a Director in the Global Employer Services group of Deloitte Dublin with over 20 years’ tax experience. Breda manages the provision of GES services to clients across a broad spectrum... More

Annette Kelly

Annette Kelly

Director - Tax

Annette Kelly is a Director in the Global Employer Services group of Deloitte Dublin. She has over 16 years’ experience advising clients in both the public and private sector on a wide range of issues... More

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