ARTICLE
13 March 2024
Positive results' | Airbnb extends pay transparency policy to total compensation including equity
External News

Airbnb

Employee engagement
All plan types
Global

Airbnb has expanded compensation transparency by providing all employees globally with access to their base pay ranges, bonus targets, and annual performance equity award targets. This move, along with previously sharing base pay hiring ranges on job postings in the U.S., aims to enhance consistency in compensation and build a culture of trust and accountability. Additionally, Airbnb has conducted annual pay equity analyses since 2015, finding no significant unexplained gaps in pay, as part of their commitment to fostering an inclusive and equitable workplace.

ARTICLE
12 June 2024
From Perks To Profits: Realizing The Full Potential Of Equity Compensation
External News

Forbes

Employee engagement
All plan types
USA

Employees often underestimate the wealth-building potential of their equity compensation, viewing it as a minor benefit rather than a serious investment due to its lack of immediate cost. This perception, coupled with a lack of transparency and understanding about liquidity options, can lead to challenges in realizing the value of these holdings. Employers need to improve education and facilitate liquidity opportunities, potentially through secondary market platforms, to enhance the perceived value of equity compensation and support employees in maximizing their financial benefits.

ARTICLE
2 July 2024
HOW TO BOOST THE POPULARITY OF EMPLOYEE SHARE SCHEMES
External News

Employee Benefits 

Employee engagement
All plan types
Global

In March, 9,200 Marks and Spencer staff received significant payouts from a sharesave plan, with some employees earning over £10,000 from a £150 monthly investment. Share schemes, such as share incentive plans and company share option plans, help attract and retain employees by giving them a stake in the business and fostering loyalty. Effective communication of these schemes is crucial for employee engagement, with clear, simple explanations and varied methods like videos and mobile apps proving most effective.

ARTICLE
6 May 2024
CHIPOTLE WANTS ITS STOCK TO BE MORE AFFORDABLE—FOR EMPLOYEES
External News

WSJ

Employee engagement
Employee stock purchase plans (ESPP)
USA

Chipotle Mexican Grill is proposing a 50-for-1 stock split to make shares more accessible to its workers, aiming to enhance employee ownership and retention. With the company's stock price soaring, offering rewards like restricted stock units has become challenging due to the high share price, prompting the move towards a split. The planned split, subject to shareholder approval, could not only benefit employees but also potentially improve operational metrics like throughput, contributing to the company's long-term success.

ARTICLE
4 May 2024
YOU COULD ‘MISS THE OPPORTUNITY’ WITH COMPANY STOCK, EXPERTS SAY. HERE ARE THE KEY THINGS TO KNOW
External News

CNBC

Employee engagement
All plan types
Global

 

Equity compensation is increasingly popular among employers as a means to attract and retain talent, with 72% of companies offering some form of it, according to a Morgan Stanley survey. Stock options, restricted stock units (RSUs), and employee stock purchase plans (ESPPs) are three common types of equity compensation, each with its own tax implications and considerations for employees. While these perks can offer potential financial rewards, there are risks involved, such as stock price fluctuations and tax complexities, prompting experts to advise careful planning and consideration of individual financial goals.

3.5 Leaders' Lounge: Mastering employee financial literacy and wellness

Are you grappling with how to effectively engage your employees in financial literacy? Join four esteemed Fellows of Global Equity, representing diverse issuers from Pre-IPO to mature large cap companies, as they share invaluable perspectives. Delve into key considerations:
Discover answers to critical questions such as the appropriate engagement level, measuring success, why financial literacy is an equity team's concern, and how to create lifecycle-aligned programs. Join them for a profound exploration of employee financial literacy from the experts who understand the nuances of diverse corporate landscapes.

KEY LEARNING POINTS:

  • Strategies to engage employees at various levels of financial wellness
  • Understand the issuer's role in fostering financial literacy
  • Navigate the fine line between providing information and giving advice

 

CPE CREDIT: 1.0
Field of study: Communication 
Level: 0
Delivery method: Group internet-based
Advanced preparation: None

CEP CONTINUING EDUCATION CREDIT (CE): 1.0

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

Speaker/Author

Matt Connor,  FGE, Lucid Motors
Nadine Franczyk, FGE, Amyris
Jessica Vinsand, FGE, Chainaylsis
Sandra Sussman, FGE, SAP

Event date
Wednesday, 10 Apr 2024, 10:45 - 11:45
Country
Breakout series
Location
Germantown 3

9.5 Charting the Nashville beat: plan design case studies that elevate employee engagement

Join our Nashville-based all-star panel of equity plan management experts as they share insights from navigating complex equity plans! Delve into the eXponential Stock Performance Plan, an innovative compensation program, and the strategic redesign of a global employer match ESPP. Discover how they elevate employee engagement through targeted education programs for new hires, executives, and employees. 
The session features mini case studies highlighting practical solutions for real-world challenges faced by Axon, Cummins, and Revance. As a bonus, our local insider experts will provide tips on enjoying Nashville like a true local. Leave the touristy cowboy boots behind and join them for an exploration of equity plan mastery and a taste of Nashville living!
 

KEY LEARNING POINTS:

  • Discover innovation with the eXponential stock performance plan
  • Explore redesigning global employer match ESPPs
  • Elevate employee engagement through education programs

 

CPE CREDIT: 1.0
Field of study: Specialized Knowledge
Level: 0
Delivery method: Group internet-based
Advanced preparation: None

CEP CONTINUING EDUCATION CREDIT (CE): 1.0

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

Speaker/Author

Tommy Swindle, FGE, UBS
Ciara Sowell, Cummins Inc
David Hanes, Axon
Sean Hiera, Revance

Event date
Thursday, 11 Apr 2024, 11:00 - 11:50
Country
Breakout series
Location
Germantown 3

9.3 Navigating global tax education challenges

Join this panel of tax and communication experts as they delve into the intricacies of global tax education. This professional session will unveil essential tools, best practices, and effective approaches for educating employees worldwide. Despite the complex landscape, the session provides insights into crafting sophisticated strategies tailored to enlighten diverse audiences on tax matters. Explore how to strike the right balance between comprehensive information and practicality. Attendees will gain valuable knowledge on simplifying the complexities associated with global tax education.

KEY LEARNING POINTS:

  • Best practices for implementing global tax education
  • Essential tools to streamline complex topics for diverse audiences
  • Strategies for effectively educating employees at all levels

 

CPE CREDIT: 1.0
Field of study: Specialized Knowledge
Level: 0
Delivery method: Group internet-based
Advanced preparation: None

CEP CONTINUING EDUCATION CREDIT (CE): 1.0

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

Speaker/Author

Jen Francis, Aon
Jennifer Thomas, ServiceNow
Andrew Cecchetti, Capri Holding Limited 
Blake Eisenburg, Aon

Event date
Thursday, 11 Apr 2024, 11:00 - 11:50
Country
Breakout series
Location
Germantown 1

8.4 Hit the right note with your long term incentives: tailoring end-to-end communications

Discover the transformative potential of a personalized employee experience in revolutionizing your Long-Term Incentive Plan (LTIP) engagement with insights from Rio Tinto and Deloitte's expert panel. Explore strategies that support understanding and foster connection at every stage of the employee LTIP journey, from grant to vest, thereby cultivating sustained engagement among senior employees and enhancing overall performance outcomes. Uncover the latest trends and best practices in LTIP engagement, showcasing how personalized communications, including animation, can simplify complex concepts like performance measures in an effective and authentic manner. Join them to unlock the power of personalized communications, elevate your LTIP strategy, and propel your incentives to new heights.

KEY LEARNING POINTS:

  • Understand how a personalized employee experience can enhance engagement throughout the LTIP journey
  • Explore the latest trends and best practices in LTIP engagement, including the use of personalized communications and animation
  • Discover how personalized communications can simplify intricate concepts, such as performance measures, fostering a deeper understanding among employees

 

CPE CREDIT: 1.0
Field of study: Communication
Level: 0
Delivery method: Group internet-based
Advanced preparation: None

CEP CONTINUING EDUCATION CREDIT (CE): 1.0

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

Speaker/Author

Adam Bryan, Deloitte
Toby Morrow, Rio Tinto

Event date
Thursday, 11 Apr 2024, 10:00 - 10:50
Country
Breakout series
Location
Germantown 2

8.1 High-impact employee engagement strategies for equity awards

Join our esteemed panel of equity compensation experts as they unravel the keys to successful engagement in our session, "Engaging Beyond Boundaries: Strategies for Effective Equity Communication." Delve into the intricacies of crafting and adhering to a multi-channel communications plan, essential for lasting engagement. Explore the imperative need for equity award recipients to have accessible and knowledgeable advisors, fluent in the language of equity compensation and well-versed in country-specific rules. 
In this session, witness the impact of providing digital tools that enable participants to contextualize equity awards within their broader financial context. Additionally, discover the art of setting meaningful benchmarks to gauge the success of your efforts and identify shifts in employee engagement and participation.
 

KEY LEARNING POINTS:

  • Discover how to craft an effective multi-channel communications plan
  • Explore the importance of providing accessible and knowledgeable equity advisors
  • Learn how to empower participants with digital tools for financial context

 

CPE CREDIT: 1.0
Field of study: Communication 
Level: 0
Delivery method: Group internet-based
Advanced preparation: None

CEP CONTINUING EDUCATION CREDIT (CE): 1.0

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

Speaker/Author

Donald Hairston, UBS
Mike Reinschmidt, Accenture
Keri Gill, Applied Materials

Event date
Thursday, 11 Apr 2024, 10:00 - 10:50
Country
Breakout series
Location
Germantown 4