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The employee and employer agree to defer the entitlement or payment of salary or wages income (or a bonus). Instead, the employer provides a loan to the employee, ordinarily of an amount equal in value to the income deferred. The loan may or may not be on arm's length terms. 2. The employee uses the loan to acquire an income producing asset. The asset may be shares in the employer or an associated entity of the employer. 3. The asset may be offered as security for the loans and may be held within a trust structure. 4. After a fixed period of time, the employer applies the deferred income to the outstanding value of the loan. 5. The application of the deferred income may occur after the employee has terminated employment with the employer.