Satisfaction is a share option scheme.
Job satisfaction is fine in its way, but let's face it most of us need a bit more than that to remain loyal to our employers. Which is why so many companies are offering staff incentives like share option schemes. Well, basically, share option schemes give you a right to buy a certain number of shares in your employer's company at a set price, within a fixed time period. Say, for example, you work for Widgets Ltd and as part of your annual salary review, you're given an option to buy a hundred shares in the company at today's price of 1 each. Your employer then gives you a time limit of three years in which to buy the shares.