Global Shares has won numerous awards for the innovative solutions and software we have put in place for our clients. The following are some examples of the awards Global Shares has received over the last few years.
Unicredit wins the 2011 GEO Award for Best Plan Communication
- Global Equity Organization (GEO) is an international non-profit organization supporting the challenges of creating, managing & administrating share plans;
- GEO Awards celebrate companies who demonstrate leadership & dedication to employee share plan administration, recognizing the offer, design & communication of programs that allow millions of employees to participate in company share plans;
- Past winners include Accenture, Michelin, Cisco, Vodafone, and Starbucks.
CEVA Logistics wins the 2008 GEO Award for Best Plan Effectiveness
Each year at the annual GEO Conference, companies are acknowledged for excellence at the coveted GEO Awards Gala dinner. This year Global Shares’ client, CEVA Logistics, won the award for best plan effectiveness for companies with between 20,000 and 75,000 employees. The criteria for this category is based on an assessment of employee participation, significant "take-up” levels among employees (taking into account the type of plan), and other ways of involving employees in the operation of the company.
Giving employees a stake in a company brings powerful benefits. For CEVA, a leading company in its field, rolling out its voluntary Long-Term Incentive Plan to key management was far from easy. The company operates in 31 countries, and had to work through complicated legal, fiscal, and securities law issues, as well as language and cultural barriers. Even the concept of subscribing for shares was new for most plan participants.
CEVA excelled in these challenging circumstances. The overall take-up at the end of the investment period was over 80%. The retention rate has been over 90%. Take-up rate, retention rate, attraction rate, and support of the corporate culture are just some of the ways to measure plan effectiveness. CEVA clearly stated its goals, and each one was met.
In the words of one GEO Awards Judge: "CEVA was able to meet their specific needs on short notice with speed and clarity.” The results speak for themselves. For more information on the CEVA Project see the Ceva Logistics Case Study.