employee shareholders




1 in 4 employees is a shareholder

 

Essilor is keen to involve its employees so that all might participate in developing and building the success of the Group.

Values rooted in our business culture

Employee’s shareholding has always been an integral part of the Group’s identity. Today, employees hold 8% of the capital (a quarter of our employees are shareholders in the Group) and 14% of the voting rights.

 

Essilor’s success

Essilor’s share capital has been multiplied by 160 since 1978 and by 40 since 1991. This success is down to one essential factor: employees holding a share of the corporate capital.

 

Financial investment, personal involvement

Holding shares in the business deeply alters the relationship between employees and their company. It generates a stronger commitment, provides remuneration and allows the constitution of savings. The fact that our employees own part of the Group’s capital is vital for the future of the business; employee shareholders are more involved and more responsible.

 

A new criterion of business efficiency

 

 

A dedicated organization

Employee investments are managed directly by an internal service that guarantees optimal distribution of information to employees and retirees.

 

Essilor employees can become shareholders through different investment schemes:

 

  • by acquiring shares in different employee mutual funds (FCPE) or via trusts

  • by purchasing shares personally

  • by exercising stock options

 

Localized solutions

 

  • PEE plans (5 and 7 years) for French employees and expatriates

  • Valoptec International and Essilor International mutual funds covering many countries in the Group (Portugal, the Netherlands, Belgium, Germany, Canada, Thailand etc.)

  • different local investment plans in the UK, Australia and USA.

  • various share purchase programs in Spain and Brazil

 

 

Major allies 

  • in 2007, over 8,000 employees will have paid into a Group investment plan.

  • over 98% of French employees are Essilor shareholders.

In order to adapt to local specificities and legislations, a number of different investment funds have been set up around the world:

Since 4 December 2006, Essilor has been on the Euronext FAS IAS® index which measures the financial performance of companies that have large-scale employee participation. Based on the same methodology as the French CAC 40 index, the Euronext FAS IAS® index aims to keep track in a comprehensive manner of companies whose employees own significant share capital, while offering investors and issuers the means to assess and compare market performance to that of other quoted companies.


 
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