Own SAP
The Share Purchase Plan for SAP employees
Own SAP is very simple:
- You invest between 1% and 10% of your monthly base salary (gross) in SAP shares. SAP immediately matches the investment by 40% (matching contribution) and adds a subsidy of €20 per month.
- Every month (fractional) SAP shares will be purchased with your monthly investment, the 40% matching contribution and the €20 subsidy. You can sell your shares at any time. There is no holding period. Just keep the blackout periods in mind.
- The SAP contribution (including the monthly subsidy of €20) is capped at €6,000 per year per person. After the cap is reached, you automatically continue to purchase shares with your self-investment only. If you want to stop participating once the cap is reached, you will have to withdraw in the enrolment tool.
For more information click here (site only accessible from SAP network)
At a glance
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Flexible benefit
Tax savings
The money you pay for some benefits (such as your pension) is taken from your salary before tax and National Insurance are deducted. This means you don’t pay any tax on the money you use to fund these benefits. For some other benefits (such as tax-free saving for childcare) the tax is added back on to your contribution when the benefit is provided.
Employee funded (EE)
A benefit which you choose to join at an additional cost to you.
Employer funded (EF)
A benefit that is funded by the Company, at no cost to you.
Limited time benefit
You can only sign up to limited time benefits during March, or within three weeks of joining SAP.
Flexible benefit
You can sign up for flexible benefits at any point during the year. Be aware that you can’t always make changes to these benefits at any time during the year, so check on the conditions when you sign up.
