Essilor launched its “Boost” employee shareholding plan in 2017, giving employees the opportunity to be more closely associated with the Group’s mission, growth, and financial success. The operation, in 14 countries, saw a record subscription rate with the result that now 55% of Essilor employees are shareholders.
Jeferson M. Ramos, Operations Senior Analyst, Essilor Brazil
I was motivated to become a shareholder to have a chance to influence Group decisions. It strengthens my involvement with Essilor and drives me to try harder to improve results and contribute to a better performance. There’s a real diversity to Essilor’s employee shareholding in that it can be offered to top managers as well as operators. In this way, everybody can have the feeling of ownership.
Gladys P. Collantes, Human Resources, Local “Boost” Coordinator, Optodev manufacturing plant, Essilor Philippines
Before “Boost”, only certain employees enjoyed the privilege of owning shares. Many others had been eager to participate, so it was great news when the plan was opened to everyone. We hit 80% subscription in the first two days. It was incredible to see the enthusiasm. When we announced we had reached 100% at our townhall, the crowd went really wild.