Product Update: November 2021
We've introduced vesting pauses, rolled out hurdle shares, and launched a new HR integration. Let's take a closer look at what's improved on Ledgy in November.
Pause vesting for custom periods within Ledgy
That's right – you can now pause vesting for any simple or custom vesting plan.
Vesting pauses let you reflect amended vesting patterns for anyone taking extended sabbaticals or absences, such as maternity or paternity leave.
Ready, set, hurdle
Ledgy now supports hurdle shares! Many Ledgy customers have implemented hurdle share schemes, where employees see capital gains from their shares once those shares surpass a 'hurdle' price set by the company.
You can now set up new share classes in Ledgy with the 'hurdle' setting switched on. Once you've set up the share class, you can establish your hurdle price per share.
(Note: Hurdle shares on Ledgy respond to stock splits. For example, if your company splits its stock in two, the hurdle price will halve, and Ledgy will update users on the new hurdle price.)
We're only Humaans
We're delighted to launch our latest HR system integration, with Humaans! Humaans customers can now sync data with Ledgy in seconds. 😍
Read the support article, or watch our quick video guide, to get started.
Stay tuned for our next edition of product updates!
Reach out to us
Our team is always available if you want to know more about Ledgy. If you are new to Ledgy, schedule a custom in-depth to learn more. For any questions or feedback, feel free to contact our support team.
