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ARTICLE
4 November 2024
THALES: LAUNCH OF THE 2024 EMPLOYEE SHARE OWNERSHIP PLAN
External News

Thales

General
Employee stock purchase plans (ESPP)
France
Germany

Thales has launched its 2024 Employee Share Ownership Plan, allowing employees across 36 countries and retirees to purchase shares at a 20% discount with a 50% matching contribution on investments up to €500. The plan, which aims to strengthen employee alignment with the company’s goals, offers 600,000 shares at a discounted price of €119.69, with participants required to hold the shares for five years, except under early release conditions. This initiative, set to run from November 4–24, 2024, provides tax-efficient savings and investment opportunities for employees and retirees, supported by local legal and regulatory compliance.

ARTICLE
27 September 2024
MERCER TAKES OVER HKP///GROUP
External News

Personal Wirtschaft

Germany

Mercer, a global consulting firm, has announced the acquisition of the hkp///group, a consulting company based in Germany and the Netherlands specializing in HR, compensation, and corporate governance. The acquisition will bring over 100 hkp///group employees to Mercer, further strengthening its HR and corporate governance advisory capabilities. Both companies emphasize shared values of performance, professionalism, and innovation, with the aim of providing enhanced global solutions and new opportunities for employees.

ARTICLE
14 August 2024
WILL IMPACT INVESTING SUPPORT EMPLOYEE OWNERSHIP? HERE’S WHAT THE DATA SAYS
External News

Nonprofit Quarterly

Trending now
Stock options
Germany

Impact investing, which uses capital for social benefit, and employee ownership, particularly through ESOPs, have been shown to significantly benefit workers, especially people of color, by building wealth. While the amount of impact investment in employee ownership is growing, it remains a small fraction of the total capital invested for social impact, with only $3.8 billion allocated to employee ownership funds. The report by Curt Lyon and Julie Menter suggests that to deepen the impact, investors should commit early capital, support fund managers of color, and integrate investment strategies with broader community initiatives.

4.1 Navigating Equity Awards in a World of Swift Political Change

Examine the impact of the current political climate in Western Europe on share plans and employee taxation with insights from our expert panel. The session will explore current trends, key tax, and legal challenges, and what to expect in the near future. Gain a broader understanding of emerging issues and how they might affect your share plans.

KEY LEARNINGS:

  • Understand how the political climate in Western Europe could influence share plans and employee taxation
  • Identify key tax and legal challenges currently affecting and expected to impact share plans
  • Gain insights into emerging issues across the continent and how they may affect your strategies
Speaker/Author

Will Clifton, Baker McKenzie  
Veerle Lerut, Baker McKenzie  
Agnes Charpenet, Baker McKenzie  
Don-Tobias Jol, Baker McKenzie  
Amy Thompson, Baker McKenzie  

Event date
Wednesday, 13 Nov 2024, 15:25 - 16:15
Breakout series
Location
Affiliation Hub 1



Field of Study
Tax
Level
I

2.5 Mastering Share Sourcing and Sales: Strategies for Effective Employee Share Plans

Setting up an employee share plan involves crucial decisions about sourcing shares and managing sales effectively. Join Ghal and Tom from EQ's Corporate Dealing team, Ben McCarthy from Linklaters and Rob Lyons from M&S as they share their extensive experience in this area.  They’ll cover current trends in sourcing shares, looking at new issue or market purchase, along with key considerations for an issuer and their finance team.  Discover strategies for hedging, managing large share sales and using the Employee Benefit Trust to your advantage. There will be focus on the recent changes to dilution limits in the Investment Association’s Principles of Remuneration.

KEY LEARNINGS:

  • Learn strategies for sourcing shares, planning in advance for your share plan vesting whilst managing headroom and dilution limits.
  • Understand how an issuer can use various approaches across their share plan grants to keep their finance team and employees happy.
  • Discover effective liquidity management techniques to ensure an orderly market at vesting.
Speaker/Author

Ghal Supple, Equiniti
Tom McCulloch, Equiniti
Ben McCarthy, Linklaters
Robert Lyons, Marks and Spencer

Event date
Wednesday, 13 Nov 2024, 13:10 - 14:00
Breakout series
Location
Affiliation Hub 2
Field of Study
Specialized Knowledge
Level
O

2.1 Preparing for the EU's Pay Transparency Directive: 'A Roadmap for Share Plan Professionals'

Are you ready for the future of pay transparency? Prepare for the future of pay transparency with our session on the EU's upcoming 'Pay Transparency Directive.' Set to roll out by June 2026, this legislation will affect all member states. Discover what this means for share plan professionals and gain insights on navigating the challenges ahead.

KEY LEARNINGS:

  • Understand the implications of the EU's 'Pay Transparency Directive' for share plan professionals
  • Identify key challenges and considerations for complying with the new legislation
  • Receive a roadmap to help plan and ensure compliance with the directive.
Speaker/Author

Liz Pierson, Deloitte
Kathryn Dooks, Deloitte
Rosemary Lemon, Hays

Event date
Wednesday, 13 Nov 2024, 13:10 - 14:00
Breakout series
Location
Partnership 1
Field of Study
Specialized Knowledge
Level
A