IN-PERSON CHAPTER EVENT
15 January 2025, 11:30am - 1:30pm GMT
GEO TEXAS CHAPTER MEETING
texas

Houston, Dallas and Austin

Design and strategy
All plan types
USA

Employee stock purchase plans can be a great benefit for participants, but many organizations struggle with low participation rates and lack of awareness among employees. Whether you are considering implementing an ESPP or looking to increase participation among your employees, join us for a panel discussion covering tips and strategies for driving ESPP engagement. Hear from others on their experiences around operating an ESPP and boosting awareness of programs through employee education.

There is no cost to attend and members and non-member are free to join, but registration is required.

LOCATIONS:

IN PERSON LOCATION
Morgan Stanley
Houston
717 Texas Ave, Suite 3050
Houston, TX 77002

WATCH PARTY LOCATIONS
Morgan Stanley
Austin
301 Congress Ave, Suite 1400
Austin, TX 78701

Morgan Stanley
Dallas
5001 Spring Valley Rd, Suite 900W
Dallas, TX 75244

ARTICLE
23 October 2024
LVMH LAUNCHES INTERNATIONAL EMPLOYEE SHARE PLAN
External News

employee benefits

Design and strategy
Discount shares
Global

Luxury goods brand LVMH has launched "LVMH Shares," an employee share plan covering 70% of its global workforce across 11 locations in Europe, North America, and Asia. Eligible employees will receive a matching contribution of shares and a 20% discount on the share subscription price, which equals the opening price of LVMH shares on the Euronext market; the scheme involves 200,000 newly issued shares available from 24 October to 13 November. The initiative aims to involve all employees in the group's development and show appreciation for their commitment, emphasizing LVMH's belief that its employees make all the difference, as highlighted by Chantal Gaemperle, group executive vice president of human resources and synergies.

ARTICLE
11 November 2024
MPHASIS GRANTS 25,000 STOCK OPTIONS, 12,000 RSUS TO EMPLOYEES UNDER ESOP 2016, RSU PLAN 2021
External News

mint

Design and strategy
Stock options
India
USA

Mphasis Limited announced the granting of 25,000 stock options under its ESOP 2016 and 12,000 restricted stock units (RSUs) under its RSU Plan 2021 to eligible employees, effective November 7, 2024, as approved by its ESOP Compensation Committee. The stock options have an exercise price of ₹2,900, with equal vesting over five years and a 60-month exercise period, while the RSUs, priced at ₹10, follow a progressive vesting schedule of 10%, 20%, 30%, and 30% over five years, catering to both Indian and US-based employees. These equity grants are administered through the Mphasis Employees Equity Reward Trust, ensuring compliance with SEBI regulations, and the announcement was officially submitted to the BSE and NSE by Senior Vice President and Company Secretary Subramanian Narayan

ARTICLE
17 September 2024
CAPGEMINI OPENS ESOP PLAN TO 97% EMPLOYEES, INCLUDING 175K STAFF IN INDIA
External News

Business Standard

Design and strategy
All plan types
India

Capgemini has launched its 11th global employee share ownership plan (Esop), covering 97% of its workforce, including most of its 175,000 employees in India, as part of efforts to align employee interests with company performance. The Esop, offering up to 2.7 million shares (1.56% of outstanding shares), aims to sustain employee ownership at around 8% of the company's share capital, with investment options protecting employees against potential losses during the non-tradable period. Despite a 2.6% revenue decline in H1 2024, Capgemini maintained a 12.4% operating margin and increased organic free cash flow, reinforcing its financial stability as it rolls out this initiative.

ARTICLE
22 October 2024
POST OFFICE EXPLORING EMPLOYEE-OWNERSHIP MODEL
External News

HR Magazine

Design and strategy
UK and Channel Islands

The UK government is considering converting the Post Office into an employee-owned company through an Employee Ownership Trust (EOT), similar to the John Lewis model, which would give employees a stake in the business and a say in its operations. The move comes as EOTs have become more popular, with calls for ownership reform at the Post Office intensifying due to recent governance issues and the Horizon IT scandal. While EOTs offer benefits like profit-sharing and increased employee influence, union representatives emphasize that governance changes are essential for the model’s success at the Post Office, advocating for a cooperative approach with greater accountability.

ARTICLE
14 October 2024
STELLANTIS BROADENS EMPLOYEE SHARE PURCHASE PLAN TO NEARLY ENTIRE GLOBAL WORKFORCE
External News

Yahoo Finance

Design and strategy
All plan types
Netherlands

Stellantis has launched the second wave of its "Shares to Win" employee share purchase plan, expanding it to 18 countries and making it available to nearly all of its 230,000 employees worldwide. Following the successful initial wave in 2023, this plan offers employees a 20% discount and a 100% matching contribution up to €1,000 to promote greater ownership and connection to the company. Stellantis aims to grow employee ownership from 1.8% to 5% over the next few years, aligning with its commitment to employee involvement under the “Care” pillar of its Dare Forward 2030 plan.

ARTICLE
22 October 2024
FINDING THE RIGHT FRAMEWORK FOR EMPLOYEE SHARE SCHEMES
External News

Professional Planner

Design and strategy
All plan types
Australia

Employee Share Schemes (ESSs) are increasingly popular in advice businesses for talent retention, though their feasibility depends on a firm's size and structure. Integro Private Wealth, for example, has introduced an ESS to attract and retain talent, especially in wealth management, where long-term client relationships are crucial. While ESSs offer financial security and engagement for advisers, smaller firms face implementation challenges due to scale and structure, which leads some to consider mergers to enable broader employee ownership.

ARTICLE
21 October 2024
LVMH ANNOUNCES THE LAUNCH OF AN INTERNATIONAL EMPLOYEE SHAREHOLDING PLAN, LVMH SHARES
External News

Global News Wire

Design and strategy
All plan types
Global

LVMH has launched "LVMH Shares," a new international employee shareholding plan targeting 70% of its workforce across 11 regions in Europe, North America, and Asia, providing preferential subscription terms to enhance employee involvement in the Group's growth. The initiative reflects LVMH's commitment to its values of innovation, excellence, and long-term partnership with employees, highlighting the crucial role of its workforce. Employees can subscribe to shares at a 20% discount during the subscription period from October 24 to November 13, 2024, with securities delivery scheduled for December 18, 2024, and shares to be listed on Euronext Paris.

ARTICLE
23 September 2024
COMPUTERSHARE ANNOUNCES NEW "IRISH SAVE AS YOU EARN" PROGRAMME
External News

Computershare

Design and strategy
Save as you earn (SAYE)
Ireland

Computershare has partnered with AIB to provide an Irish "Save As You Earn" (SAYE) programme, allowing clients to use AIB as a savings carrier for their approved SAYE schemes. The SAYE plan enables employees to save a portion of their net pay to purchase shares in their company, with the option price often discounted by up to 25%. This flexible plan offers employees the ability to profit from company performance while minimizing share price risk, as they can choose to take their savings back if share prices do not rise.

ARTICLE
11 April 2024
OVER 80% OF HONG KONG-LISTED COMPANIES INCLUDE AN EMPLOYEE SHARE PLAN IN THEIR REMUNERATION STRATEGY
External News

Human Resorces Online

Design and strategy
All plan types
Hong Kong

The information technology sector leads investments in employee share schemes in Hong Kong, contributing HK$38.5 billion, which accounts for over half of the total annual spend of HK$72 billion among listed companies. The adoption of employee share plans has surged over the past decade, with 83.6% of listed companies now offering them, primarily in the form of share options and share awards, the former being more common among smaller companies. Larger companies tend to have a mix of both options and awards, with the healthcare and IT sectors showing the highest adoption rates for share awards, at 58.7% and 46.6%, respectively.