Essilor’s Employee Shareholding Jumps from 20% to over 50%

Thursday, November 23 2017 | 00 h 00 min | News

Charenton-le-Pont, France – Essilor announces that employee shareholding worldwide is set to surpass 50%, exceeding the goal of 35% that had initially been set for 2020. With a record subscription by international employees to the Group’s latest plan, the number of employees with a financial participation in the company rises to over 35,000.

The Company launched a new International Employee Shareholding Plan in September 2017 to consolidate and further expand employees’ involvement in the Group’s continuous growth story. 68% of employees in 14 key countries outside France1 have subscribed to the plan, bringing the percentage of employee shareholders to over 50% worldwide by November 30th2, compared to 21% in 2016.

Employee shareholding has been integral to Essilor’s history, culture and business model for over 170 years. It is key to both the Group’s long-term success and sustainability thanks to the alignment of employees’ individual interests with the company’s Mission and strategy. In addition, employee shareholders enjoy the opportunity to contribute to a unique governance that encourages employees’ participation in Essilor’s decision-making process.

Click HERE for the full press release.