2023
2022
2021
PREVIOUS AWARD WINNERS

Share plans are typically designed to meet a multitude of corporate objectives which must be balanced with the legal, regulatory, and tax issues, both in the company's headquarters country as well as in other jurisdictions. An equally important aspect of design is to create a global plan that maintains the core corporate philosophy while adapting to local cultural practices.

This award category allows applicants to demonstrate how innovative they are in working around potential stumbling blocks in developing and implementing global share plans. Measurements in this category include how well the plan was creatively adapted to local tax and regulatory laws, innovative ways to increase employee participation and excitement and how the plan's design and operation differs from competitors or industry norms.

THE 2024 MOST INNOVATIVE PLAN DESIGN WINNERS

  • ASSICURAZIONI GENERALI S.P.A.

    75,000 to 200,000 employees
    Italy
    Generali logo

    PLAN NAME: WE SHARE 2.0
    EMPLOYEES: 82,000
    COUNTRIES: 50
    PARTNERS: COMPETENCE; DELOITTE; DLA PIPER; EY; J.P. MORGAN; RCCD

    Rooted in fostering a meritocratic environment, Generali's We SHARE 2.0 allows employees to purchase Generali shares at favorable conditions, with added incentives like free matching and dividend equivalent shares, as well as ESG shares tied to CO2 emissions reduction.

    What sets We SHARE 2.0 apart is its adaptability to local specificities while ensuring a consistent experience globally. The plan's emphasis on ESG goals and charitable contributions underscores Generali's commitment to sustainability.

    With an impressive 34% participation rate, over 23,000 employees from 30 countries joined, demonstrating Generali's success in empowering its workforce and fostering a culture of ownership and shared purpose.

    The judges praised We SHARE 2.0 for its comprehensive design, incorporating elements like currency protection and tie-ins to ESG goals. The panel was also impressed with plan's high participation rate underscored its success in engaging employees effectively.

MORE 2024 AWARD WINNERS

MORE MOST INNOVATIVE PLAN DESIGN AWARD WINNERS

  • SHOPIFY

    Between 10,000 and 75,000 employees
    Canada
    SHOPIFY

    PROGRAM NAME: SHOPIFY FLEX COMP (REWARDS WALLET)
    EMPLOYEES: 14,271
    COUNTRIES:50
    PARTNERS:DELOITTE; MORGAN STANLEY AT WORK

     

    Shopify Flex Comp is a groundbreaking approach to compensation that gives employees unprecedented agency over their pay and benefits. With an 86% take-up rate among Shopify employees, it has proven to be a highly popular development. The program transforms the conventional approach to remuneration by providing employees with the ability to choose exactly how they want to allocate their total reward. The program removes unnecessary historical barriers and enables employees to have control, flexibility, and clarity around every aspect of their compensation. The smart UX design provides employees with a one-stop-shop for understanding and monitoring their compensation, making it easy to adjust their choices as their needs change.

    Shopify Flex Comp ties employee rewards to the mission, not to the market or world events. As employees advance in their careers and make a positive impact on the company's mission, their compensation grows. The program's innovative and creative approach required Shopify's teams to work collectively for seven months to ensure they covered all their bases and properly adhered to each country-specific requirement. This innovative program was very well received, and Shopify has earned praise for their creative approach to compensation.

    The judges were impressed by Shopify Flex Comp's revolutionary approach to compensation, which provides employees with unprecedented control and transparency over their pay and benefits. They praised Shopify's commitment to its mission and its efforts to remove historical barriers and empower its employees. The judges recognized Shopify's innovative and creative approach to compensation and awarded them the top prize in this category.

  • GLOBALFOUNDRIES INC

    Between 5,000 and 75,0000 employees
    United States
    GLOBALFOUNDRIES

    PLAN NAME: 2021 EMPLOYEE STOCK PURCHASE PLAN
    EMPLOYEES: 15,000
    COUNTRIES:3
    PARTNERS:FIDELITY; INFINITE EQUITY

  • KINDRED GROUP

    Under 5,000 employees
    Malta
    KINDRED

    PLAN NAME: K2 AESP
    EMPLOYEES: 1,740
    COUNTRIES: 12
    PARTNERS: FIDELITY

  • DIXONS CARPHONE

    Between 25,000 and 100,000 employees
    United Kingdom
    DIXONS CARPHONE

    PLAN NAME: COLLEAGUE SHAREHOLDER SCHEME
    EMPLOYEES: 42,000
    COUNTRIES: 12
    PARTNERS: AON; EQUINITI; EY; OCORIAN

  • UNITED RENTALS INC

    Between 5,000 and 25,000 employees
    United States
    UNITED RENTALS INC

    PLAN NAME: 2020 FRONTLINE RSU AWARD
    EMPLOYEES: 18,800
    COUNTRIES: 6
    PARTNERS: EY; PEARL MEYER; UBS

  • EXP WORLD HOLDINGS INC

    Under 5,000 employees
    United States
    EXP WORLD HOLDINGS INC

    PLAN NAME: AGENT GROWTH INCENTIVE PROGRAM
    EMPLOYEES: 900
    COUNTRIES: 12
    PARTNERS: BAKER MCKENZIE; DELOITTE; MORGAN STANLEY AT WORK>

PREVIOUS AWARD WINNERS

Read our GEO Awards winner booklets for insights and inspiration from industry leaders and organizations who are pushing the boundaries of innovation and achievement.

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