Jim has been a key member of the human resources team for the last three years. In a period of rapid employee growth and competition for the "best and the brightest", he knows the amount of investment his company makes in each employee and worries about how to motivate them to remain with the company and help it continue to grow. While the company has issued equity compensation in the form of options and restricted stock awards, the business has not properly kept track of the vesting of these equities, nor have they provided updates to their employees about the equity in the business as often as they should. To make matters worse, the equity plan has been managed through a cumbersome, and often mistake-laden, set of spreadsheets. Jim would like an automated solution to streamline the process, so he can publish the ongoing vesting and growth of the employee's equity holdings. He is counting on the retention factor to increase once employees have timely information of their equity holdings in the company.  

 

In addition to his role in supporting equity retention programs, Jim is also a frequent contributor to the quarterly board of directors meetings. His role at those sessions is to provide an update on employee retention efforts, as well as to give the board members an overview on the annual hiring plan. Jim needs a way to send this sensitive information to board participants in advance of the meetings, but currently, he is forced to send these documents via email, and often this data is intercepted by administrative assistants.