3.4 EMPATHY IN EQUITY: STOCK PLANS AND THE TOTAL REWARDS JOURNEY

Today’s rapidly evolving global workforce expects more than just financial rewards to join, stay and succeed at organisations. Recent data shows that employees are 3.5 times more likely to reach their full potential in workplaces where they feel they belong.

In this illuminating discussion between Saint-Gobain and Fidelity, you will discover how leading organizations can connect equity into a comprehensive, human-centric total rewards experience to strengthen the wider employee experience.

You’ll hear about the power of empathic, user experience (UX)-led approaches to shape a full rewards offering – including equity plans, workplace benefits, and retirement strategies - that inspire diverse global workforces.

Join to gain insights into how you can shape your organization's rewards approach in this way – to support a culture of belonging, connection, and performance excellence.

KEY LEARNING POINTS:

  • Enhanced engagement and financial wellness: Explore how organizations have strengthened understanding, engagement, and financial well-being among their diverse workforces through holistic rewards strategies.
  • Talent attraction, retention, and performance: Learn how companies have leveraged human-centric rewards to attract, retain, and drive high performance among their top talent.
  • Fostering stronger connections: Discover strategies employed by organizations to build stronger connections and commitment between employers and employees, fostering a sense of belonging and dedication to the organization.

 

CPE CREDIT HOURS: 1.0*

Field of study: Personnel/HR 
Levels: O
Delivery method: Group live
Advanced preparation: None

CEP Continuing Education (CE) credit: 1.0 credits

Please visit our Continuing Education and Event Policies pages for more information.

Speaker/Author

Maurice Day, Fidelity
Christine Karlsson, Saint Gobain
 

Event date
Thursday, 16 Nov 2023, 11:00 - 12:00
Country
Breakout series
NEWS
7 August 2023
ENFORCEMENT OF DODD-FRANK CLAWBACK POLICIES UNDER FOREIGN LAW
article

Duncan A. W. Abate, Miriam Bruce, Aline Fidelis, Christopher Fisher, Régine Goury, Julien Haure, Dr. Hagen Köckeritz, Ryan J. Lieb, Laura D. Richman, Jad A. Taha,  Jennifer C. W., Tam Hong 

Executive pay
Finance, tax and accounting
Executive plans
Stock options
France
Germany
Greater China
Hong Kong
Singapore
UK and Channel Islands
USA

The article discusses the enforcement of Dodd-Frank clawback policies under foreign law, focusing on executive compensation. The US SEC's Rule 10D-1 mandates the recovery (clawback) of incentive-based executive compensation in the event of accounting restatements. The NYSE and Nasdaq proposed listing standards to comply with this rule. The article explores how clawback policies could be enforced in various countries including Brazil, China, France, Germany, Hong Kong, Singapore, the United Arab Emirates, and the United Kingdom. It addresses aspects such as enforceability under local law, deducting amounts from future compensation, and provisions to enhance enforcement. The application of these policies varies across jurisdictions based on legal frameworks and regulatory guidelines.

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NEWS
3 August 2023
WIDE GAPS PERSIST AROUND PAY, LEADERSHIP REPRESENTATION OF JAPANESE WOMEN
article

Dexter Tilo 

General
Stock options

This article discusses the persisting gender disparities in pay and leadership representation among women in Japanese companies. The analysis, conducted by WTW, Symphony Financial Partners, and Xebral, reveals that women in Japan earn only 67.04% of what men earn and hold just 13.11% of board member and officer roles, as well as 9.47% of managerial roles. The gender pay gap is widest in the air transportation industry, with women earning 48.40% of men's pay, and narrowest in the information and communications sector, where women earn 74.23% of men's pay. The report emphasizes that gender diversity efforts need to extend beyond numerical indicators and encourages companies to focus on frameworks for career development, flexible benefits, and increased visibility of women leaders. Despite the recent mandate for human capital data disclosure in Japan, experts believe that companies need to provide detailed actions to demonstrate a commitment to improving corporate culture and gender equality.

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NEWS
11 August 2023
TECHIES IN EARLY-STAGE STARTUPS HAVE GOT HIKES OF 8–12%: REPORT
article

Liji Narayan

Design and strategy
Executive pay
Stock options
Global

The article discusses pay hikes for technology professionals in startups, particularly in the early-stage startup environment. It notes that techies in early-stage startups have received wage hikes in the range of 8 to 12 percent, while those in small startups with fewer than 40 tech employees have seen increases of 15 to 20 percent for entry- and mid-level roles. The report also highlights that while some tech professionals have received significant hikes of 20 to 25 percent, this has been the case for only about 10 percent of the workforce. The article mentions the increasing importance of equity compensation, particularly employee stock option plans (ESOPs), in startups. It notes that around 70 percent of companies have seen a positive shift in outlook towards ESOPs, and senior-level executives are more willing to accept ESOPs compared to entry- and mid-level employees.

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NEWS
20 September 2023
INSTACART CEO SAYS ITS IPO WAS FOR EMPLOYEES AS THE GROCERY DELIVERY SERVICE LETS WORKERS SELL THEIR STOCKS
article

SOURCE: Yahoo! Finance

Private and pre-IPO companies
Stock options
USA

Instacart’s long-awaited initial public offering on Tuesday made it one of the largest companies to go public this year, marking a potential turning point in the recent lull of public listings. But the grocery delivery service's employees could be the real victors of the stock market debut, as the company relies on sales from existing shareholders, including workers, to drive its stock price. “This IPO is not about raising money for us. It's really about making sure that all employees can have liquidity on stock that they worked very hard for,” Instacart CEO Fidji Simo told CNBC’s Dierdre Bosa on Tuesday.

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NEWS
26 September 2023
THERE'S ANOTHER GENDER PAY GAP: STOCK OPTIONS
article

SOURCE: Wall Street Journal

Trending now
Cash deferral
Choice plans
Discount shares
Employee stock purchase plans (ESPP)
Equity deferral
Executive plans
Non-qualified plans
Performance cash
Performance shares
Restricted shares
Save as you earn (SAYE)
Share incentive plans (SIP)
Stock appreciation rights (SAR)
Stock options
UK and Channel Islands
USA

Women often don’t know what to ask for, experts say. And companies don’t tell them.

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NEWS
20 September 2023
JAPANESE COMPANIES WARM UP TO EMPLOYEE STOCK INCENTIVES
article

SOURCE: Reuters

Design and strategy
Trending now
Cash deferral
Choice plans
Discount shares
Employee stock purchase plans (ESPP)
Equity deferral
Executive plans
Non-qualified plans
Performance cash
Performance shares
Restricted shares
Save as you earn (SAYE)
Share incentive plans (SIP)
Stock appreciation rights (SAR)
Stock options
Japan

ANA Holdings plans to offer $60 million worth of shares to 70% of its 45,000 employees as an employee retention strategy and compliance with regulatory requests in Japan. This follows a trend among Japanese companies like Omron and Sony. Employee share incentives aim to align interests, boost stock prices, and address labor shortages while improving corporate value. Despite their increasing popularity, labor laws limiting stock incentives have hindered their wider adoption in Japan. Legal flexibility could accelerate their adoption.

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NEWS
12 September 2023
WHEN IT COMES TO COMPENSATION, MORE EQUITY ISN'T ALWAYS BETTER
article

SOURCE: Harvard Business Review

Communications
Design and strategy
Private and pre-IPO companies
Cash deferral
Choice plans
Discount shares
Employee stock purchase plans (ESPP)
Equity deferral
Executive plans
Non-qualified plans
Performance cash
Performance shares
Restricted shares
Save as you earn (SAYE)
Share incentive plans (SIP)
Stock appreciation rights (SAR)
Stock options
USA

The authors research found that people often overestimate the value of stock options when assessing a startup job offers. They incorrectly believe that a higher number of shares translates into superior compensation even when it doesn’t. Five steps can help you avoid this mistake.

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NEWS
1 August 2023
BDO TO ESTABLISH EMPLOYEE STOCK OWNERSHIP PLAN AS PART OF U.S. RESTRUCTURING
article

SOURCE: Wall Street Journal

Design and strategy
Stock options
USA

BDO USA plans to establish an employee stock ownership plan (ESOP) for 10,000 employees to address the shortage of accountants and retain talent. The ESOP will allow employees to have a stake in the company. BDO partners will sell 42% of their shares, and the plan will take about 20 years to fully vest. The firm secured $1.3 billion in private debt to fund the ESOP. This move aims to modernize the accounting industry's traditional business model and attract and retain skilled workers.

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NEWS
4 October 2023
HDBANK TO ISSUE 20 MILLION SHARES TO EMPLOYEES
article

SOURCE: Vietnam News

Design and strategy
Trending now
Stock options
Vietnam

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank - sticker: HDB) has announced the board of directors’ resolution on issuing shares under the employee stock ownership plan that was approved at its annual general meeting.

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