Pictured at the Global Shares Booth were (L-R) April Stephens – Global Shares,
Mona Hanes – Global Shares, Veena Bhatia – Gilead
The GEO’s 16th Annual Conference was a notable success this year with a jam packed agenda designed to focus
on the hottest issues in equity compensation. This increasingly popular international event was GEO’s most successful yet, with record numbers of equity compensation professionals from all over the world in attendance.
The execution of the conference agenda and presentations resonated with attendees from a broad range of jurisdictions. Sessions were delivered by industry experts centred around the areas of share plan design, accounting, tax, regulatory compliance, plan communications and administration.
Participation in ESPP Panel Discussion
Given the increasing interest in employee stock purchase plans (ESPP) across the industry, Global Shares submitted a proposal to GEO for a panel discussion on global challenges in ESPP management. This proposal was accepted by the Speaker Selection Committee and Mona Hanes of Global Shares USA assembled a panel discussion for the GEO conference to address “The Art of Taming the Multi-plan Global ESPP”. The panel included experts from both the US and Europe and addressed many best practices for international plans.
Mona was joined on the panel by:
Veena Bhatia – Senior Manager, Stock Plan Services – Gilead Sciences, Inc. Gilead offers ESPP to over 7500 employees in 32 countries and commands an 87% take-up rate. Gilead continues to add countries to their ESPP as they acquire companies.
Hans de Jong – GF HR Total Reward – LM Ericsson AB. Ericsson offers ESPP to over 107,000 employees in 105 countries. With the globe covered, Ericsson is no longer adding countries, but also maintains an impressive employee participation rate of approximately 30%.
Erin Madison – Manager, Stock Plan Services – Broadcom. Broadcom operates ESPP in 22 countries, offering shares to approximately 13,000 employees and has the highest take up rate on the panel at 89%.
John Hammond – President – bendystraw llc. John is an industry expert in project management, data management and data movement.
Key takeaways and recommendations from the panel were to document everything, consolidate functions to every extent possible and to maintain a sense of humour!
As decisions are made, keeping records of the decision cycle and discussions saves time when topics inevitably arise again. Consolidation of functions improves and streamlines the input, limits variation and exception processing.
Each panellist was generous with their information and a lively discussion was held between them and the attendees.
Why not read our latest Blog post on ‘Administrative Challenges to Global ESPPs’ and find out how to overcome these burdens.
Global Shares on the London Eye
Global Shares held a pre-conference event on the London Eye, against the 360° scintillating views of the city skyline.
(L-R) Michelle Trent – Cargill, Andrea Richards – Cargill, Brian Purcell – Global Shares , Maria Robins – Morgan Stanley
Winning with Global Shares
Our Apple iWatch competition generated a lot of excitement at our booth this year!
Congratulations to the lucky winner – Stephen Gerdes from Citrix!
Client Demos and Meetings
We had a jam-packed schedule of meetings and demos over the 3-day event. We met with companies who run very successful equity plans spanning countries and continents and who continue to make huge commitment to deliver value and quality to all levels of their organisations. It was an excellent opportunity for the Global Shares team to hear about the latest trends in the industry and showcase our new equity software solutions and services.
“It was great to participate in another very successful GEO event and to see the organisation go from strength to strength. The sessions were very informative and the standard of the sessions continues to be very high. It was also wonderful to have the opportunity to catch up with so many existing and new clients as well as industry partners. We are already looking forward to next year’s conference to be held in Boston”
Do you have a question for the Global Shares team?
Please don’t hesitate to contact us!