Retain Top Talent with Paynest’s Long-Term Incentives

In today’s competitive job market, retaining top talent is key to a company’s success. Paynest has developed a new product that helps businesses build stronger ties with their employees by offering performance-based bonuses, either in cash or stocks. This solution empowers companies to create motivated and engaged teams while simplifying the management of long-term rewards.

A Game-Changer for Employee Incentives

Paynest’s new product allows employers to offer cash or stock bonuses as part of a long-term retention plan, with the possibility to customize vesting and withdrawal periods based on business goals and each employee’s journey.

For companies planning to offer or already offering stock options or phantom stocks, Paynest lets employees monitor their participation units in real time. They can watch their rewards grow based on the company’s performance (to which they are contributing) and, once the vesting period ends, trade virtual shares with colleagues or redeem their earnings—much like a stock market.

In addition to stock-based incentives, Paynest enables employees to withdraw monetary rewards either partially or in full, based on the conditions set by the company.

The platform’s flexibility and transparency is key. Employers can allocate bonuses at strategic milestones like start of employment, performance reviews or work anniversaries, while employees are always aware of how their rewards are evolving. This system acknowledges how employees’ efforts impact the company’s success and rewards them accordingly, while giving businesses control over their financial planning.

“This product reflects our mission to develop solutions that create real value for both companies and employees. By adopting best practices from the world’s leading tech companies and startups, we’re helping businesses build a transparent, dynamic incentive system that’s aligned with company performance. This is a powerful tool for talent retention and for fostering a corporate culture focused on growth.”
- Nuno Pereira, Co-Founder and CEO of Paynest

Real-World Impact: CCA Law Firm’s Success

CCA Law Firm, a prominent Portuguese law firm, was the first client to implement this long-term incentives product. Already using Paynest’s platform for salary advances and financial coaching, CCA sought to enhance their employee retention strategy.

The law firm was actively involved in this product’s ideation and validation process, reflecting our customer-centric approach.

“With Paynest, we’ve created a truly innovative incentive system that aligns employee commitment with the firm’s achievements.”
- Domingos Cruz, Managing Partner at CCA Law Firm

The All-in-One Employee Finance Platform

This new product is part of Paynest’s comprehensive suite of solutions, which includes smart expense management with instant reimbursement, with per diem and travel reports, flexible salary access, and financial coaching.

Paynest is the most complete platform for managing the financial relationship between companies and their employees.

Ready to retain talent like big tech companies and startups do? Reach out to learn how we can help you create a dynamic incentive program and build a workplace culture of long-term growth!