Generali has announced a share buyback program as part of its Long Term Incentive Plan 2023-2025, approved by shareholders on April 28, 2023, targeting a maximum of 11.3 million shares. The buyback, managed by Citigroup Global Markets Europe AG, will start on May 22, 2024, and conclude by August 2024, with a maximum total value of €300 million. Generali currently holds 17,059,872 treasury shares, and will conduct the buyback exclusively on the Euronext Milan market, adhering to regulations to ensure equal treatment of shareholders.

WaFd, Inc. has authorized a new share repurchase program to buy back an additional 10 million shares, increasing the total buyback authorization to 11.8 million shares as of March 31, 2024. The company also declared a regular quarterly cash dividend of 26 cents per share, with a current dividend yield of 3.62%, outperforming the industry's average. Additionally, WaFd's acquisition of Luther Burbank Corporation is expected to be 8% accretive to its earnings in fiscal 2025, and the company maintains a strong balance sheet with $5.3 billion in total borrowings and $1.51 billion in cash and cash equivalents.

The Menke Group facilitated AV Construction's transition to becoming 100% employee-owned through an Employee Stock Ownership Plan (ESOP), allowing employees to benefit from company ownership and ensuring a strong succession plan. ESOPs, which incentivize and reward employee productivity, offer advantages to both employees and company owners seeking to maintain independence and community presence. With ESOPs particularly effective in companies reliant on human capital, AV Construction aims to provide excellent retirement benefits while maintaining its commitment to healthcare development excellence.

Airbnb has expanded its pay transparency policy to include total compensation, giving employees visibility over equity awards, base pay, and bonuses. This expansion follows Airbnb's initial steps toward pay transparency in 2022, when it began sharing base pay hiring ranges, and in 2023, when it allowed U.S. employees to access base pay ranges. The company believes that greater transparency around compensation fosters a culture of trust and accountability, and it conducts annual pay equity analyses to ensure fairness in its compensation practices.

This article advocates for greater democratization of workplaces, highlighting the absence of democratic rights for workers despite their significant time spent in these environments. It discusses the potential benefits of enabling employees to have more control and ownership in their workplaces, citing examples of successful employee-owned firms in Canada and abroad. The article also outlines various public policy options, including the creation of Employee Ownership Trusts, to facilitate the expansion of democratic employee ownership in Canada and address barriers such as limited access to capital.

Room & Board, a Minneapolis-based furniture retailer, has transitioned to a 100% Employee Stock Ownership Plan (ESOP), granting their 1,100 employees a financial stake in the company, reinforcing its commitment to American craftsmanship and staff well-being. Founded in 1980, Room & Board's success, with annual sales exceeding half a billion dollars, is attributed to its dedication to quality craftsmanship and exceptional service, alongside a focus on staff welfare. The decision to become 100% employee-owned aligns with the company's values of respect, transparency, and collaboration, demonstrating its commitment to preserving its culture while fostering a more sustainable and inclusive future.

GTT announces the launch of its international employee shareholding plan, offering nearly 720 employees the opportunity to become shareholders. The plan, available in several countries, allows employees to subscribe to GTT shares at a discounted price of 111.20 euros, subject to a five-year lock-up period. Shares will be subscribed through direct shareholding or employee shareholding funds, with the subscription period running from April 25 to May 14, 2024, and settlement-delivery scheduled for June 18, 2024.

Research by Zest indicates that a majority of employees, especially younger ones, desire increased investment in sustainability from their employers, with over half expressing interest in sustainable benefits like electric vehicles and green pensions. Despite this, a significant portion of younger workers feel their employers lack concern for sustainability, which impacts their morale. Employers are also observing a growing demand for sustainable benefits, highlighting the importance of adapting to these changing employee expectations to improve overall employee satisfaction and attract and retain talent.

EY's 2024 Mobility Reimagined survey reveals that only 25% of employers have fully developed mobility functions, despite 64% of employees expressing a higher likelihood of staying after long-term global assignments. Companies face increasing cross-border risks, with 71% of respondents noting heightened challenges, including tax/regulatory and data privacy risks, highlighting the need for robust policies and integration of mobility functions to attract and retain top talent and ensure business resilience.