GEO UK Chapter Meeting 20 June 2019 Member Driven Not for Profit - - PowerPoint PPT Presentation

GEO UK Chapter Meeting

20 June 2019

Member Driven Not for Profit Organization

✓An Unrivalled Events Program

• Industry-leading educational & networking opportunities
• Attended by nearly 2,000 delegates in 21+ countries in 2018

✓A Thriving Membership Base

• A peer network with endless opportunities
• Global community of c. 5,000 individuals from 60+ countries

✓Resources that Work for You

• Articles, weekly newsletter, events, surveys, webcasts & private online community,

GEOconnect

• The information you need, when you need it

EXCLUSIVE to GEO Members Find out more at: www.globalequity.org

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Welcome

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GEO – ProShare UK Regional Meetings GEO Social GEO Stars

Mark Your Calendar

• CEPI and GEO East Coast Symposium

New York, NY 24 July 2019 *Registration open!

• Australia Regional Events

*Accepting speaking proposals until 21 June!

• Pan European Regional Event

Berlin, Germany 20 November 2019 *Now accepting speaking proposals until 19 July!

REGIONAL EVENTS

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Sydney 24 September Melbourne 26 September

Mark Your Calendar

• GEO’s 7th Americas Regional Conference (formerly NECF)

Hyatt Huntington Beach 21 – 23 October 2019, Huntington Beach, CA

• GEO’s 21st Annual Conference

Renaissance Nashville 21 - 23 April 2020, Nashville, TN

CONFERENCES

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CHAPTER MEETINGS

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Mark Your Calendar

• 27 June – Boston
• 15 August – UK, Edinburgh
• 30 August – Hong Kong
• 1 October – Texas, Houston
• 2 October – Texas, Dallas
• 3 October – Texas, Austin
• 10 November – Israel
• 5 December – Silicon Valley
• 5 December – New York

TBC Q3/4:

UK – Northern & Midlands UK – London

Mark Your Calendar

• 10 July – Keys to Increasing Employee Equity Participation

and Ownership

• 16 July – Global Equity Insights Survey 2019
• 10 September – Mobility Trends: What Employees Are

Doing, What Companies Are Doing, and What You Should Be Doing

• 24 September – One Size May NOT Fit All: Finding a

Grant-Sizing Strategy That Fits Just Right

WEBCASTS

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TBC 2019:

The role of a trustee in your incentive plans with insights from recent transactions

Get Involved

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Apply Now

To join the UK Chapter leadership team Find out which roles best suit you:

www.globalequity.org/geo/UK-Leadership-Application

Applications accepted until 30 June UK & Channel Isles Chapter

Become a Fellow

Postcards from Amsterdam

Mark Higgins Julie Shepherd Ita Shaughnessy

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GEO 2019 Award Winner Update

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The innovative information Company. From finance to fashion, e-commerce to economic forecasting, we anticipate trends, connect people to market leading sector, specific expertise for business customers in 140 countries

Operating from 39 offices Serving customers in 150 countries 1,600 employees worldwide

Equity Plans

• Equity was first introduced to employees following the IPO in 2016
• Free shares awarded to all to celebrate the IPO
• Sharesave (UK and Int.) and US Stock Purchase Plans launched
• Performance Share Plan for Executives

Goal:

• Give employees opportunity to have ownership in the company
• Share success in an inclusive working environment
• No exposure to risk during 3 year saving period

Design:

• All employees, globally in 26 offices since IPO in 2016

Challenge:

• Increase take up of the Sharesave/US Stock Purchase Plan among the 25-34 age range

and newly acquired businesses

• Budget and multiple locations

Engagement Approach:

• Gender neutral communications plan designed to focus engagement on the

25-34 age range

• Representing 50% of our population

Impact:

GEO AWARD: Best Plan Communication (less than 5,000 employees)

1,000

Eligible employees

42% take up

56%

Female take up

47%

25-34 age range take up

GEO 2019 Award Winner Update

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Best Use of a Share Plan in an Emerging Market Between 5,000 and 75,000 Employees

GEO 2019 Award Winner Update

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Best Plan Communication Between 75,000 and 200,000 Employees

Introduction

• €51 billion turnover in 2018.
• 59% of our business is in emerging markets.
• 12 brands have sales of more than

€1 billion a year.

• 161,000 employees.
• Products sold in over 190 countries.
• Share Plans offered in over 100 countries.
• 49% of our managers are women.
• No.1 employer of choice in 50 markets in 2018.
• We have 28 Sustainable Living brands.

They grew 69% faster than the rest of the business and deliver 75% of the company’s growth.

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• MCIP (Management Co-Investment Plan)
• TSA (Transition Share Award)
• SHARES

GEO 2019 Award: Most Creative Solution Between 75,000 and 200,000 Employees

Transition Award - Principle

• The TSA is calculated by taking a

pre-determined percentage of an employees target bonus and multiplied by four.

• This value is then converted to

conditional shares.

• 25% of the award vests annually
• ver the following four years

subject to performance.

• The vest is conditional on the

employee investing the same pre- determined percentage of bonus into MCIP each of the four years.

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Why we created the TSA

• Bridge the vesting gap.
• Align employee Total Annual Reward.
• Align employees to Unilever performance

immediately.

• Integration between Unilever and newly

acquired companies.

• Link short term performance and reward with

longer term “skin in the game”.

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• Reduced risk / reduce cost.
• Simplification.
• Aligning performance form the outset, between

current employees and Unilever.

• No longer “money for old rope”.
• Reduced number of awards to administer.
• Reduced administration.
• Owners mentality.

Benefits

DISCUSSION STREAMS

• Regulatory & Compliance
• Corporate Actions
• Design
• Communications

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Regulatory & Compliance…

Strategic Priority or Compliance? Janet Cooper OBE Tapestry Compliance GDPR: One Year Later – Lessons Learned and Strategies Scuttled Preparing for EU SRD Jeremy Edwards Baker McKenzie “Oops!... I Did It Again” – Discretions, Amendments & Mistakes Elena Petrou Aviva Brave New World – Global Updates You Need To Know Now Hannah Needle FGE Tapestry Compliance

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Corporate Actions…

The Trek to IPO: Reaching the Summit Lynette Jacobs Pinsent Masons LLP Navigating the Global M&A Minefield Nicholas Greenacre White & Case LLP What’s the Deal!?! Strategies for Managing Employee Expectations During a Transaction Katie Stephens Deloitte

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Design…

Total Rewards for a Flexible Future Louise Sutton Unilever Total Rewards for a Flexible Future Global Equity Insights: Looking Back to the Future Mitan Patel Fidelity The “Why” Meets the “How”: Deciphering the World of Global Share Plan Strategy Mark Higgins WPP Measuring the Impact of Employee Equity Plans on Employee Engagement Garry Harding Computershare

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Communications…

Seven Simple Techniques to Build Share Ownership at Your Company Pat Sims PJS Consultancy Three Simple Steps to Engaging Your Employees Meera Mistry Ascential Three Simple Steps to Engaging Your Employees Sophie Altaf Fidelity Stop Talking and Start Communicating – Effective Global Tax Communication June Davenport Shareworks

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Seven Simple Techniques to Build Share Ownership at Your Company David Edwards Royal Bank of Scotland Tips from the Masters – How Creativity Drives Global Share Plan Success Amy Brimble Stitch Communications

Thank You

• Look out for post event survey
• Apply by 30 June to join the UK Chapter team!

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