How your workforce can fill your raw materials inventory—tax-free!
In times of commodity uncertainty, the supply of critical metals is becoming an increasingly pressing issue for many companies. At the same time, the battle for scarce skilled workers is gaining momentum. CEOs want to attract and retain the best employees. A good solution to both challenges would be a tangible asset purchase for employees, as it would enable both full warehouses and well-protected and therefore satisfied employees.
Security of supply through your own employees
Let’s assume a company needs gallium in three years’ time. If it buys the metal immediately, it is actually tying up dead capital on its balance sheet. This would not be the case if the company offered its employees a gallium savings plan instead, for example. This would allow 50 employees to buy gallium for 50 euros a month each and store it tax-free with a competent storage company such as Noble BC. They buy gallium for 2,500 euros per month, which amounts to 90,000 euros over three years. As soon as the company needs the metal, it buys it back from its employees at the market price. This tangible asset purchase offers the latter a tax-free investment with the chance of attractive returns, while at the same time the company invests in its security of supply.
Receiving tangible assets strengthens employee retention
Such a tangible asset savings plan can also be very effective for employee retention. Fruit baskets and table football no longer entice anyone out from behind the stove, but an investment in the asset class that is currently performing best is something else. We ourselves are already working with a medium-sized company that uses the tangible asset reference and has had very good experience with the savings plan. Larger companies are also becoming increasingly interested in this type of company pension plan. With 500 or more employees, a correspondingly larger amount of metal would also come together and thus also make an effective contribution to the supply of large corporations. Of course, tangible assets are not only conceivable for gallium, but for all technology metals and rare earths available through us.