Summary: Multinational firms often inadvertently reduce the value of employee equity (RSUs) and bonuses by 3%–5% due to traditional bank FX markups. By offering a dedicated currency exchange pathway like CurrencyFair, HR and Finance leaders can protect the total value of rewards, enhancing the Employee Value Proposition (EVP) at zero additional cost to the business.

When a company awards performance bonuses or shares to a global team, it’s a brilliant moment of recognition and a cornerstone of a great employee experience. At CurrencyFair, we believe the "final mile" of this journey is where that reward is truly realised.

However, for employees across Ireland and the Eurozone, a "hidden friction" often gets in the way: The Currency Gap. Most equity platforms are optimised for their home markets, meaning that when it’s time to bring those rewards home, the funds are often subject to high default bank markups. We’re here to close that gap, ensuring that the moment of celebration stays exactly that, and that your team keeps more of the reward they’ve worked so hard for.

Reclaiming the "Hidden Gap" on Equity Vesting

Most equity platforms are optimised for their domestic markets. When an employee in Ireland, Germany, or Spain sells their vested shares, the funds (usually in USD) are typically converted at a "default" retail rate or sent via a traditional bank.

The result? It’s not uncommon to see a markup of 3% to 5% on the exchange rate. We believe there’s a fairer way to handle the final mile of your transfer, ensuring you keep more of the value you've worked so hard to build.

Comparison: The Cost of Traditional Bank FX vs. CurrencyFair

[Note: Estimates based on a EUR/USD mid-market rate of  1USD = 0.84EUR]

Why "Default" Options are Eroding Your EVP

Many companies assume a broker’s integrated wire service is the only way to move funds. However, these "default" options often lack the transparency your employees might expect. Without a clear view of the mid-market rate, it can be difficult for them to see the true value of their reward.

By offering a transparent alternative, you move to a model that supports active wealth preservation. You aren’t just giving your team a bonus; you’re giving them the tools to manage it more effectively.

Enhancing your benefits at zero cost

Forward-thinking HR and Finance leaders are realising they can significantly enhance their benefits package without touching their payroll budget. CurrencyFair allows you to offer a smarter, more transparent option for your team to bring their money home.

• Logistical Guidance: We remove the guesswork by providing your team with step-by-step guides on how to transfer funds from major platforms into their local Euro account.
• Institutional Security: As a regulated payment institution, authorised by the Central Bank of Ireland, we offer bank-level security with the agility of a fintech leader.
  
  

Frequently Asked Questions

Q. How do we get started with a custom portal for our team?
A. It’s very straightforward. Simply fill out the contact form below, and a member of our team will reach out to say hello. Once we’ve had a quick chat about your needs, we’ll build a dedicated landing page for your organisation with your exclusive discount code already embedded.

Q. How much work is required from our HR or Finance team?
A. Almost none! Our goal is to make you the hero without adding to your workload. Once your custom page is live, all you need to do is share the link with your employees. We handle the sign-ups, the security checks, and the technical support for the transfers.

Q.Is there any cost to the company to provide this benefit?
A. Not at all. This is a zero-cost benefit for your organisation. By partnering with us, you are simply giving your team access to better rates and a transparent way to bring their rewards home. It’s an easy win for your Employee Value Proposition.