GHP September 2015

28 | ghp September 2015 Using Shares to Keep Your Staff Motivated & Committed The key to the success of any company is its people and keep- ing them motivated (and stop- ping them leaving) is a crucial task for any business owner or manager. Staff retention can be particularly important – and challenging – in the pharmaceu- tical industry, because of the long term nature of the planning and product development in this in- dustry. In this highly competitive world where head-hunters will know the name of your key peo- ple, your organisation’s culture, and your approach to manage- ment and employee support will be major contributors, but giving your key employees a structured stake in the business is also worth considering. Judith Harris, Postlethwaite Solicitors [email protected] www.postlethwaiteco.com