What is Sharesave?

Sharesave, or to give it it's full title, the Savings Related Share Option Scheme, was first introduced by the government in 1980. It is a tax advantageous savings scheme combined with a share option designed to encourage employees to take a direct stake in their company enabling them to participate in its future.


A Sharesave scheme offers:

  • A risk-free way for companies to reward and motivate employees
  • An easy way for employees to save via direct salary deductions
  • Guaranteed tax-free bonus rates
  • Preferential employee share options - with up to 20% discount

See how this benefits your company in our next section.


Yorkshire Building Society is one of the largest building societies in the UK. We offer a range of financial products and services including: savings & investment accounts, insurance products, credit cards, loans, mortgages and more.

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Yorkshire Building Society is authorised and regulated by the Financial Services Authority (FSA).