SAYE: overview (Part 1) Flashcards
1
Q
What are the other names for an SAYE scheme?
A
Sharesave scheme, save as you earn option scheme, or savings related share option scheme.
2
Q
What is the maximum discount applicable to SAYE options?
A
20% on the market value.
3
Q
Is SAYE all employee?
A
Yes.
4
Q
Can SAYE be subject to a qualification period?
A
Yes. This must not be more than 5 years.