Valuable dashboard & tools related to equity based compensation for employees and administrators
Alicia Azulay | TrustRadius Reviewer
January 26, 2019

Valuable dashboard & tools related to equity based compensation for employees and administrators

Score 7 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with Solium Shareworks

Shareworks is used to manage the company RSU and ESPP programs across the entire organization globally. It allows employee visibility into their value, vesting schedules, release option elections, etc. Key features includes that it allows for lockdown during blackout periods to protect employees from trading during the blackout period unintentionally and automatic release options to sell shares, sell shares & hold shares to cover taxes or hold shares.
  • Calendar of vesting schedule
  • Visibility into value of various equity based compensation
  • Ability to setup default release elections at vesting dates
  • If banking information is incorrect for proceeds it can take weeks before notification of rejection and communication can be missed once sent
  • Different activity views can show different data when a transaction is 'in process'
  • Wish there was an option to test banking information entered for deposits, mine was rejected due to an unexpected issue with the name on my account
  • The ability to provide employees with an detailed view of their equity compensation and the real time value of the assets
  • Protection features in place to prohibit trading in blackout period
  • Option for employees to cover taxes related to share purchase and sales is a benefit to employees
Suited to manage RSU and ESPP equity plans for medium to large sized corporations who operate globally and have multiple vesting periods throughout the year. Also a great option for companies that are publicly traded with options to block trading in the system during blackout dates. Overall the system is likely more than needed for small equity plans without a lot of activity.