CCA and Paynest launch market-style employees bonus program
CCA Law Firm has launched an innovative employee incentive program in collaboration with Portuguese startup Paynest. Inspired by stock option plans commonly used in the tech industry, the initiative allows employees to receive benefits tied to the financial performance of the firm and its clients. Through the Paynest platform, employees can track the real-time valuation of these incentives.
According to CCA managing partner Domingos Cruz, the goal is to strengthen employee engagement by aligning their contributions with the firm’s success. “This initiative enhances motivation and encourages long-term career growth within a dynamic and evolving organization,” he said.
The benefit will be granted at different stages of an employee’s tenure and can be partially or fully traded after a set period. Employees will have the option to buy, sell, or cash out their shares within the internal system. Paynest, which has partnered with CCA for over two years, helped develop and implement the program. The firm already offers salary advances and financial coaching as part of its employee benefits.
Paynest co-founder and CEO Nuno Pereira highlighted the broader impact of the initiative. “Long-term incentives are a proven strategy in competitive industries. This collaboration allows us to validate a new product while helping CCA attract and retain top talent,” he states.
About CCA Law Firm
Founded in 1949, CCA Law Firm focuses on innovation, with a strong presence in the startup and technology sectors. The firm has a team of over 100 professionals, providing legal counsel across 15 practice areas from its offices in Lisbon and Porto.
