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Hi Adam, I like what you want to do for your employees.
Possibly a monthly, three monthly or six monthly, bonus incentive $ %. Employee of the month award eg Dinner for two at a quality resturant incl wine.

Wouldnt go for a share in the business, as you could end up working for them. though Tony does make some great points.

Initially keep it simple, explain what you intend to introduce , get feedback from them. Instead of $ % maybe a holiday for a week at a beaut resort, which would be tax free for them rather than a $ % which would be taxable.

What can you give them as a reward without it costing them tax but by the same time helping your tax situation.

I sure the others on the forum would like to give imput on this
Good luck