There was an excellent turnout at IPSA’s first professional development event of the year, when an HR workshop on the practical considerations of implementing a share plan took place at PwC in Dublin on 27th February.
Run in conjunction with PwC and Dalata Hotel Group, the keynote speaker was Sinead O’Toole, Group HR Manager at Dalata. Sinead shared her insightful Save-As-You-Earn journey in Ireland’s largest hotel group, discussing her experience on a variety of aspects including internal communications, administration of the scheme, resource requirements, maturity, and ongoing monitoring.
Dalata’s senior executives are great advocates of employee share ownership. Indeed, CEO Pat McCann has credited strong take-up of the company’s plan as being a major factor in Dalata’s excellent staff retention. Sinead’s passion and enthusiasm was also evident at the workshop as she spoke about their plan.
There followed an interactive and useful discussion between attendees about implementing a share plan and the costs / benefits of doing so. The attendees at the workshop ranged from legal advisors, tax advisors, share scheme administrators and HR professionals to name but a few.