Unlock the power of incentive programmes to drive long-term corporate value
Download “Incentive Program – an important tool in corporate value management” by Baker Tilly TPA, Baker Tilly Legal Poland & TPA Poland experts!
Discover how to design and implement effective incentive plans that align management goals with shareholder value — based on financial, legal and tax insights. 👉 Download the full report!
In this comprehensive publication, you’ll learn:
- How incentive programmes increase shareholder value and employee retention ✅
- Legal and tax frameworks for structuring motivation schemes in Poland and the EU ✅
- Financial modelling and valuation methods under IFRS ✅
- Benchmark data from the Warsaw Stock Exchange and international markets ✅
- Practical steps to implement safe and compliant employee share ownership plans ✅
Why this report matters?
In an era of growing competition for talent, increasingly complex ownership structures and mounting pressure to be more efficient, incentive programmes are becoming a vital part of business strategy.
This publication is a concise introduction to a world in which motivation has quantifiable financial and strategic value.

Based on in-depth research into 400+ listed companies on the Warsaw Stock Exchange, and a comparative analysis with S&P 100 leaders in the US.
Inside the report:
- Core mechanisms of incentive programmes – loyalty, financial, market and operational conditions ✅
- Legal and tax insights – compliant structures, preferential PIT rules, GAAR implications ✅
- Implementation models – practical steps for joint-stock, limited and start-up environments ✅
- International benchmarks – France, the UK and US practices, and evolving ESG trends ✅
- Financial valuation techniques – from Black-Scholes models to Monte Carlo analysis ✅
- Market data – analysis of over 100 incentive programmes in Polish listed companies ✅
About the Authors

Tomasz Manowiec
Associate Partner, Corporate Finance
Baker Tilly TPA

Joanna Jędrzejewska
Counsel
Baker Tilly Legal Poland

Joanna Prokurat
Partner
TPA Poland

Kamil Łamiński
Associate Partner
Baker Tilly Legal Poland
FAQ
Who is this report for?
This report is for you if you are a:
- CFO or Finance Director evaluating incentive structures
- HR leader planning performance-based remuneration
- CEO or Board Member aligning executive pay with value creation
- Tax or Legal Advisor designing compliant compensation frameworks
- Investor or Business Owner optimising talent retention
Is the report free?
Yes, it’s a complimentary publication prepared by financial, tax and legal experts.
Who prepared it?
A multidisciplinary team from Baker Tilly TPA, Baker Tilly Legal Poland and TPA Poland, specialising in finance, law and tax advisory.
What format will I receive?
A downloadable PDF with charts, benchmarks and case studies.