HMT published a call for evidence following the Budget announcement that the government “would review the Enterprise Management Incentives (EMI) scheme to ensure it provides support for high-growth companies to recruit and retain the best talent so they can scale up effectively, and examine whether more companies should be able to access the scheme.”
The call for evidence seeks views and evidence on whether and how the scheme should be expanded to include more companies. It asks:
- whether the current scheme is fulfilling its policy objectives of helping Small and Medium Enterprises (SMEs) recruit and retain employees
- whether companies that are ineligible for the EMI scheme because they have grown beyond the current qualification limits are experiencing structural difficulties (i.e. in the labour market) when recruiting and retaining employees
- whether the government should expand the EMI scheme to support high growth companies and how
- whether other forms of remunerations could provide similar benefits for retention and recruitment as EMI for high-growth companies.
There are 13 questions based around:
- EMI’s effect on the recruitment and retention of key employees
- Recruitment and retention of key employees in high growth companies
- EMI eligibility criteria
Further details can be found at Enterprise Management Incentives: call for evidence - GOV.UK (www.gov.uk).
Please send your initial comments to technical [at] ciot.org.uk by 21 April 2021.