ARTICLE
4 July 2024
LET'S TALK PEOPLE CHANGES
External News

Deloitte 

Trending now
All plan types
UK and Channel Islands

Deloitte Global Employer Services has released an in-depth report titled "A new Labour government: what it means for global employers," analyzing the potential impacts of the Labour Party's return to power after 14 years. The report explores proposed changes in employment-related areas, such as non-dom rules, immigration, pensions, CGT/taxation of carried interest plans, fair pay, workers' rights, and executive pay. It aims to provide employers with insights into opportunities and priorities as government commitments transition into policy and legislation.

ARTICLE
23 April 2024
RAMAPHOSA WANTS MORE BUSINESS BACKING FOR EMPLOYEE OWNERSHIP SCHEMES
External News

Full View

Design and strategy
All plan types
South Africa

President Cyril Ramaphosa highlighted at the Inaugural Worker Share Ownership Conference in Johannesburg that employee share ownership plans (ESOPs) are vital for broadening ownership and promoting economic transformation in South Africa, particularly among previously disadvantaged groups like women and black South Africans. He emphasized the role of ESOPs in improving social justice, enhancing worker engagement in corporate decision-making, and boosting productivity and innovation within companies. Trade, Industry and Competition Minister Ebrahim Patel presented statistics showing significant ESOP adoption across various sectors, with 551,000 workers benefiting and ESOPs reaching about 1.54 million South Africans, underscoring their growing impact on economic empowerment and equity in the country.

ARTICLE
23 April 2024
SUCCESSES, LEARNINGS ON EMPLOYEE SHARE OWNERSHIP PLANS MARKED
External News

Engineering News

Design and strategy
All plan types
South Africa

Employee share ownership plans (ESOPs) in South Africa have gained momentum, highlighted at the inaugural Worker Share Ownership Conference in Johannesburg. Minister Ebrahim Patel emphasized the widespread adoption of ESOPs across various sectors, benefiting over 551,000 workers and indirectly reaching 1.54 million South Africans through family dependents. President Cyril Ramaphosa underscored ESOPs as crucial for economic transformation, promoting inclusivity, and enhancing worker engagement and productivity, while advocating for improved governance and funding policies to further support their implementation and success.

ARTICLE
28 August 2023
STARTUP SHARES - THESE COUNTRIES WILL TAX YOU THE LEAST
External News

Sifted

Finance, tax and accounting
All plan types
Global

Offering equity to employees is a key strategy for startups to attract talent over larger firms, seen in Europe where successful companies like Klarna and Deliveroo have spurred new ventures. However, European taxation on employee stock options varies significantly by country, with Estonia, Lithuania, and the UK cited as the most favorable due to lower tax burdens and simpler regulations compared to countries like France and Germany, which have more stringent tax policies and regulations. These differences impact how much employees can potentially gain from their stock options, influencing company decisions on offering ESOPs versus other equity schemes like VSOPs in heavily regulated markets.

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

Human Resources Online

Data and business intelligence
All plan types
Hong Kong

Hong Kong-listed IT companies led investments in employee share plans with HK$38.5 billion, representing over half of the total spending in 2022. Healthcare followed with HK$11.5 billion and consumer discretionary with HK$9.7 billion. The adoption of employee share plans surged over the past decade, reaching 83.6% of listed companies by 2022, up from 66.1% in 2012, driven by strategies to attract and retain talent through share options and awards.

ARTICLE
30 May 2024
IT SECTOR LEADING INVESTMENT IN EMPLOYEE SHARE PLANS IN HONG KONG
External News

IT Brief Asia 

Trending now
All plan types
Hong Kong

Hong Kong-listed IT companies lead in investing heavily in employee share plans to attract and retain talent, with the sector accounting for 53.5% (HK$38.5 billion) of total investments in 2022, surpassing healthcare and consumer discretionary sectors. Share options and awards are popular types of plans, with options predominant but awards also significant, especially in healthcare. The rise in share plan adoption, now at 83.6% of listed companies, reflects competitive job markets and efforts to foster employee commitment and motivation.

ARTICLE
20 May 2024
FINTECH REVOLUT LINES UP US$500M SHARE SALE
External News

FinTech Magazine 

Private and pre-IPO companies
All plan types
UK and Channel Islands

Revolut plans to allow employees to cash in shares worth US$500 million, with Morgan Stanley likely coordinating the process later in 2024. This transaction, aimed solely at employees without raising new capital, seeks to maintain Revolut's US$33 billion valuation from its 2021 funding round, bolstered by a doubling of FY2023 revenue to £1.7 billion and a growing customer base exceeding 40 million. As Revolut awaits its full UK banking license, it continues to expand its offerings, including launching an eSIM and advanced AI fraud protection, underscoring its confidence in achieving its high valuation.

ARTICLE
1 February 2024
A SUCCESSFUL TRANSITION TO EMPLOYEE SHARE OWNERSHIP FOR RICHER SOUNDS
External News

RSM UK

Case Study
All plan types
UK and Channel Islands

Richer Sounds successfully transitioned to an employee share ownership trust, transferring 60% of shares from founder Julian Richer to employees in May 2019, overseen by RSM's People Advisory Services team. This transition involved corporate restructuring, maintaining business culture, and legal and tax compliance, ultimately preserving the company’s employee-focused ethos. The project, completed in 18 months, was well-received by the media, and employees received celebratory bonuses from Julian Richer, enhancing recruitment, engagement, and retention.

ARTICLE
18 June 2024
SCOTTISH WORKERS FACE GROWING EQUITY INEQUALITY COMPARED TO THE UK, DATA REVEALS
External News

Scottish Business

Trending now
All plan types
UK and Channel Islands

New data from the Department for Work and Pensions (DWP) shows a widening geographic inequality in company share schemes, with only 3% of households in Scotland participating compared to 5% in London and 7% in Inner London. This disparity is even more pronounced in Northern Ireland, the North East, and the West Midlands, where only 1% of households are involved. Additionally, the gender gap in access to share schemes has doubled, with men now four times more likely than women to benefit, highlighting a significant "equity inequality" that needs addressing for broader economic growth and productivity.

LIVE WEBCAST
2 October 2024, 7 - 8pm EDT
GLOBAL SHARE PLAN RANKINGS STUDY: INSIGHTS, OPPORTUNITIES, AND THE FUTURE OF EMPLOYEE OWNERSHIP - Australia/Asia Timezone Compatible
Webcast

Global Share Plans Ranking Study Sponsors

Data and business intelligence
All plan types
Global

Join us for an in-depth session on the Global Share Plan Rankings Study, a comprehensive analysis of employee share schemes worldwide. This study examines how receptive various countries are to implementing and participating in employee share schemes.

Discover which nations are leading the way in fostering these programs, driving corporate growth, and enhancing employee prosperity. Additionally, learn about countries on the cusp of transformation, ready to benefit from reforms that make employee share schemes more attractive.

KEY LEARNING POINTS:

  • Identify the top countries that excel in nurturing employee share schemes
  • Gain insights into the factors that influence the successful adoption of employee share schemes in different countries, from regulatory environments to cultural attitude
  • Discover common barriers that prevent the adoption of employee share schemes

 

COST
GEO members: No charge
GEO non-members*: $85 

Become a GEO member to attend webcasts for free in the future!

*Fees are non-refundable. Recordings are available to access on-demand following the webcast.

CPE Credit Hours: 1.0*
Field of Study: Specialized Knowledge
Levels: O
Delivery Method: Group Internet-Based
Advanced Preparation: None

CEP Continuing Education (CE) credit: 1.0 credits

*CPE credits are provided for live webcasts only. Please visit our Continuing Education and Event Policies pages for more information.

REGISTER TO ATTEND
Registration is required. Connection and login instructions are sent to registered participants prior to this webcast.