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April 4, 2008, San Francisco, California
CONTACT: Global Shares, Tel: +1 650-326-7991
Email:
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Global Shares and Buck Consultants Announce the Results of the Second Annual Global Stock Plan Administration Survey
Global Shares and Buck Consultants, an ACS Company, are pleased to announce the results of the second Global Stock Plan Administration Survey. This online survey examines how companies worldwide are administering their plans, the personnel who support these plans and the support services provided.
The survey was conducted during January and February 2008. Representatives from 317 companies responded to the survey representing companies headquartered in the following 10 countries: Bermuda, China, France, Germany, Ireland, Italy, Switzerland, Taiwan, The Netherlands, United Kingdom and the United States. Participating enterprises ranged in size from less than US$1 million to more than US$120 billion in annual revenue and represented a wide variety of industries and organizational types.
Global Shares’ CEO, Carine Schneider, commented, “I am excited to share this information with the stock plan community and thank the participating companies. This survey gives us the information necessary to effectively manage these important programs. As we all know, an important factor in effective administration is cost and, for the fi rst time, we have looked at an industry average cost-per-participant which should help fi rms assess their internal practices for cost management. I also appreciate the great team at Buck Consultants who have done a terrifi c job teaming with us on this survey.”
Michael Bendorf, Director Global Survey Resources for Buck Consultants, adds, “Many of our surveys are currently examining how companies are designing their plans and who is participating. This unique survey gives us an opportunity to drill down into the administrative aspects which are crucial to the suc- cess of a stock plan.”
For more information, please go to www.globalshares.com
About Global Shares
Global Shares’ mission is to support all companies that provide equity to their employees through administration and related consulting services to optimize the benefi ts for both the companies and their employees, by combining world class expertise, leading edge technology with excellent client service and total fl exibility. Headquartered in West Cork, Ireland, it has operations in the US, UK and China.
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