It follows Essilor’s recent announcement that employee shareholding worldwide surpassed 50%, exceeding the Company’s goal of 35% that had initially been set for 2020. Essilor announced that employee shareholding worldwide is expected to reach around 65%1, a 10% increase compared with a year ago. On this occasion, EssilorLuxottica’s General Management presents the Group’s strategy and its social and human resources policy to the members of the association, on which the members express their vote of confidence. Subscriptions to the initiative attained a record rate of over 67%, paving the way for deployment on a global scale, enabling Luxottica employees in Italy to become employee shareholders for the first time. Essilor is today launching an international plan to promote and expand employee shareholding around the world, in order to consolidate and further develop its employees’ involvement in the Group’s growth and success. Involving all its employees in the growth of the company and its value creation has been a key element of Essilor’s … Employees represent the largest shareholding of the Group, which enables an original style of governance and promotes dialogue by involving employees in Essilor’s major decisions. (Charenton-le-Pont, France – November 21st, 2017) – Essilor announces that employee shareholding worldwide is set to surpass 50%, exceeding the goal of 35% that had initially been set for 2020. The ClickCheck™: bringing vision care to underserved communities. This civic company – Valoptec – held a 4% stake in the Group. I am delighted that the Group has taken a decisive step forward to further develop employee shareholding within the Group with the support of its shareholders. However, please continue to check our website as we regularly publish new job offers. 11,000 Essilor employees have formed a shareholder association, Valoptec, which is represented by an international Board of Directors. Here you will find all the needed information about the EssilorLuxottica share and your status as a company shareholder. Juliette Favre Prior to each EssilorLuxottica Board meeting, the Valoptec Board of Directors meets and discusses in the presence of the Group’s General Management and Human Resources Department. Employee shareholding at Essilor jumped from 21% in 2016 to 67% by the end of 2019. The operation launched in 2017, in 14 countries, saw a record subscription rate, with the result that now 67% of Essilor employees are shareholders. Employee shareholding has been a fundamental element of Essilor’s culture and a key factor of its performance since its origins. The company has built a strong culture of employee shareholding combined with a unique governance model that associates employees with the company’s decision-making process. 11,000 Essilor employees have formed a shareholder association, Valoptec, which is represented by an international Board of Directors. The Company has launched an employee shareholding plan every year for the past 30 years. philanthropic initiatives and employee shareholding. 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. two representatives of the employees of Essilor (in accordance with the applicable French law), (vi) one representative of Valoptec (the association of employee shareholders and ex-employee shareholders) and (vii) four independent directors from the Essilor board … I am the compensations and benefits director in the human resources department. In May 2012, Cavanagh was elected as the US representative for Essilor employee shareholders on the Valoptec Board of Directors. He always looked for ways to give them a stake in the company's profits by setting up employee savings plans such as success-sharing and profit-sharing schemes. A majority Essilor’s employee shareholders are members of Valoptec Association which contributes to the Group’s long term growth, participates in its governance and supports its values and mission. Employee shareholding is a fundamental component of Essilor’s strategy, and a key factor in our performance. However, please continue to check our website as we regularly publish new job offers. Valoptec, now an association, currently represents almost 11,000 members (employees, retirees, partners). Employee Stock Purchase Plan with company match for exempt and non-exempt employees Opportunity to join the Valoptec Association, the employee shareholder association Opportunity to support Essilor Vision Foundation through payroll deductions The lenses company was recognised for its approach to promoting employee shareholding across the group. The association is today a truly international community, with members from more than 40 countries. This mission has borne major technological advances such as the invention of the organic lens and the progressive lens. More than 45,000 Essilor employees … As of today, more than 46,000 Essilor employees are EssilorLuxottica shareholders. More than 45,000 Essilor employees in 58 countries now hold a financial stake in EssilorLuxottica, born following the successful combination of Essilor and Luxottica on October 1st, 2018. We believe part of a great corporate culture is exceptional benefits. 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. She was also nominated to represent Valoptec on the Essilor International Board of Directors. Founded in 1849, Essilor’s long history is bound to its mission of improving lives by improving sight. At The Essilor Group, an ophthalmics company based in France, employees are the largest group of company shareholders. I joined Essilor a year-and-a-half ago. The company has built a strong culture of employee shareholding combined with a unique governance model that associates employees with the company’s decision-making process. In 1999, Essilor International shareholders elected Colucci as a member of the Essilor board of directors, a role he held until March 2004. Employee shareholding at Essilor jumped from 21% in 2016 to 67% by the end of 2019. Eric served as Executive Director of Transitions Optical from 2004 to 2005, and then as General Manager for Essilor France Essilor is today launching an international plan to promote and expand employee shareholding around the world, in order to consolidate and further develop its employees’ involvement in the Group’s growth and success. CHARENTON-LE-PONT, France—Essilor has won the “Best Use of Technology” award at the 2019 “GEO Awards” organized by the Global Equity Organization (GEO). We offer our full-time and part-time employees a competitive mix of first-rate benefits: Competitive global compensation; A unique shareholding program including an Employee Stock Purchase Plan with company match for all employees Essilor has been awarded the Grand Prix at the 13th edition of the French Grand Prix FAS (French Federation of Associations of Employee and Former Employee Shareholders). In 1997, he was elected by U.S. employees to serve on the board of directors of Valoptec Association, the association that represents Essilor employee shareholders, a position he held through April 2006. PERKS AND PLANS FOR EMPLOYEES. Essilor’s employee shareholding jumps from 20% to over 50% and beats 2020 target Read the press release in pdf (Charenton-le-Pont, France – November 21st, 2017) – Essilor announces that employee shareholding worldwide is set to surpass 50%, exceeding the goal of … Enter the website to learn more. In addition, employee shareholders enjoy the opportunity to contribute to a unique governance that encourages employees’ participation in Essilor’s decision-making process. Employee ownership is integral to Essilor’s history and business model. #01 Connected life: take care of your eyes. CHARENTON-LE-PONT, France—Essilor announced Friday that employee shareholding worldwide is expected to reach around 65 percent, a 10 percent increase compared with a year ago. By sending the form above, I acknowledge that I have read the Privacy Notice and that I have been fully informed of the terms and conditions under which Essilor International processes my personal data. This system is effective in enhancing shareholders’ dignity and giving them a sense of belonging. Employee shareholding has been an essential component of Essilor’s history, culture and business model for over 170 years. To date, 55% of Essilor's 67,000 global employees are shareholders, and they own upwards of 8% of the company's share capital. EssilorLuxottica is a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses enabling people everywhere to learn, to work and to fulfil their potential. It also adds to our responsibility to keep pursuing our fight against poor vision around the world. At the heart of Essilor’s strategy and culture, employee shareholding reinforces employees’ commitment to the fulfillment of the Group mission of “improving lives by improving sight”. Its employees are its largest group of shareholders. At the General Meeting of EssilorLuxottica, the President of the association shares the results and expresses the aspirations of its members by voting with a single voice on behalf of Valoptec, which represents the Group’s 2nd largest shareholder. At The Essilor Group, an ophthalmics company based in France, employees are the largest group of company shareholders. The global footprint of this shareholding reflects the Group’s desire to link the interests of employees with those of the company over the long-term with a shared ambition for a successful business. To date, 55% of Essilor's 67,000 global employees are shareholders, and they own upwards of 8% of the company's share capital. Employee shareholding is one of Essilor’s core principles, a pillar of its success and key to its sustainability. Through the plan, Essilor aims to allow 50% of its employees to own shares in the company, compared to 20% currently. Hubert Sagnières, Essilor’s Chairman and Chief Executive Officer, declared: “This extraordinary result is a strong endorsement by our employees of the Group’s Mission and strategy and I would like to thank them all. Key figures The employee shareholder scheme was one of Mr. Pierre Fabre's own initiatives.. Employee shareholding: ‒ Representing ~5% of the capital today ... Essilor of America, Inc. Eric started at Essilor in 2002 as Chief Procurement Officer. Home Group A unique governance model Employee shareholding. Active employee shareholding plays an important role in our governance model, and helps to further consolidate our employees’ sense of commitment to the Group’s development. ... “In Luxottica we strongly believe in the value of employee shareholding. For better navigation,we recommend viewing the sitein portrait mode, VISUAL HEALTH, A MAJOR PUBLIC HEALTH CONCERN, Addressing the global need and reaching the 2.7 billion underserved, VISUAL HEALTH, A MAJOR PUBLIC HEALTH CONCERN, #02 Presbyopia: Improving vision for today’s consumers & lifestyles. Over 11,000 employee shareholders are currently members of Valoptec, contributing to the Group’s sustainable growth, participating in our corporate governance, and conveying Essilor’s values and mission. Internal shareholders and partners hold 4.3% of the Group's capital. The Essilor Group, an ophthalmics company based in France, has an employee stock ownership plan (ESOP). For better navigation,we recommend viewing the sitein portrait mode, VISUAL HEALTH, A MAJOR PUBLIC HEALTH CONCERN, Addressing the global need and reaching the 2.7 billion underserved, VISUAL HEALTH, A MAJOR PUBLIC HEALTH CONCERN, #02 Presbyopia: Improving vision for today’s consumers & lifestyles. This model is at the heart of Essilor's ambition to eradicate poor vision worldwide within one generation. If you don't get a response from us within a month, it means that your application does not meet our current needs. 68% of employees in 14 key countries outside France(1) have subscribed to the plan, bringing the percentage of employee shareholders to over 50% worldwide by November 30th(2), compared to 21% in 2016. This gave Luxottica employees in Italy the opportunity to join more than 48,000 Essilor colleagues worldwide who, since the origins of Essilor and in particular over the past few years, decided to co-invest in the Company by purchasing shares on favorable terms. Employee shareholding. Employee shareholding has been integral to Essilor’s history, culture and business model for over 170 years. Charenton-le-Pont, FRANCE. On Sept. 26, the company will start campaigning its new global employee shareholding plan. CHARENTON-LE-PONT, France—Essilor announced Friday that employee shareholding worldwide is expected to reach around 65 percent, a 10 percent increase compared with a year ago. Please attach your CV and letter of motivation which we will review carefully. Essilor announced that employee shareholding worldwide is expected to reach around 65%1, a 10% increase compared with a year ago. All employees, … * PDF or Word document shareholder in the group. If you don't get a response from us within a month, it means that your application does not meet our current needs. More than 45,000 Essilor employees in 58 countries now hold a financial stake in EssilorLuxottica, born following the successful combination of Essilor and Luxottica on October 1st, 2018. Through the plan, Essilor aims to allow 50% of its employees to own shares in the company, compared to 20% currently. EssilorVirtualExperience.com: Best-in-class customer immersive journey. Key figures Its employees are its largest group of shareholders. Valoptec keeps its members informed about the news of the Group in line with its values: transparency of information, rights of employees, commitment and responsibility of its members. Internal shareholders and partners hold 4.3% of the Group's capital. Categories Key information Real-time quotation Shareholding structure How to become a Shareholder Find out more on all the information to help you track the EssilorLuxottica share. Employee ownership is integral to Essilor’s history and business model. Nonetheless, the development of the sustainability roadmap follows the integration of EssilorLuxottica and brings together both Essilor’s and Luxottica’s long history of sustainable development in action. Valoptec helps to reinforce the ethical will and engagement of employees behind Essilor. Since the combination between Essilor and Luxottica in 2018, this corporate culture has … Employee shareholding: a shared long-term perspective Essilor was recently awarded the Grand Prix by FAS for its employee shareholding initiatives recognising the Group’s continuous commitment to put employee shareholders at the heart of its governance. President of the Valoptec Association. Essilor is also a global pioneer in employee shareholding and representatives of its Valoptec Association are members of the Group’s Board of Directors. * PDF or Word document The Combination of Essilor and Luxottica was conceived with one overarching aim: to improve vision around the world by creating the best possible eyewear that protects and corrects each individual’s eyesight while addressing their personal tastes and aspirations. The involvement of employees has always been key to Essilor’s development and I am proud to see that our shareholders recognize the importance of this as a core feature of the new entity. Valoptec Association is represented by an international Board of Directors in order to ensure the best possible representation of its members throughout the world. During this General Meeting of the Valoptec Association, the resolutions specific to the association and the resolutions that will be presented to the General Meeting of EssilorLuxottica are also voted on. Our conviction that vision improves lives is anchored in the common principles and values of EssilorLuxottica that form the basis of the corporate culture and are shared across the Group; one of its main expressions is the employee shareholding culture … The involvement of employees continued strongly as Essilor expanded its worldwide presence and the number of partnerships grew. This award, which Essilor has won for the second year in a row, recognizes the digital solutions developed by the lens maker to promote employee shareholding. This gave Luxottica employees in Italy the opportunity to join more than 48,000 Essilor colleagues worldwide who, since the origins of Essilor and in particular over the past few years, decided to co-invest in the Company by purchasing shares on favorable terms. All employees, regardless of seniority, are eligible to purchase shares, and Essilor matches the investments up to a certain amount. The Essilor Group, an ophthalmics company based in France, has an employee stock ownership plan (ESOP). Key figures Financial information He wanted to pass his company on to his employees. 11,000 Essilor employees have formed a shareholder association, Valoptec, which is represented by an international Board of Directors. Committed and engaged, it is recognized by the Group's various governing bodies and its voice counts. For the first time, the plan will include Luxottica’s employees in Italy, paving the way for a full roll-out of the initiative within EssilorLuxottica globally in the future. 2 Capital share increase will take place on November 30th, 147 rue de Paris, 94220 Internal shareholders and partners hold 4.3% of the Group’s capital*. Employee shareholding at Essilor jumped from 21% in 2016 to 67% by the end of 2019. More than 45,000 Essilor employees … Employee shareholding. The lenses company was recognised for its approach to promoting employee shareholding across the group. Please attach your CV and letter of motivation which we will review carefully. Employees represent the largest shareholding of the Group, which enables an original style of governance and promotes dialogue by involving employees in Essilor’s major decisions. Employee shareholding. Beyond the initial term, Delfin and Essilor have confirmed with respect to the employee shareholding culture, that Valoptec Association, to the extent that it continues to represent exclusively (x) employees or former employees (or their successors) of EssilorLuxottica or of its subsidiaries or joint ventures in which it holds a significant interest and/or (y) asset management companies whose capital is entirely … All employees, regardless of seniority, are eligible to use their wages to purchase shares. All employees, regardless of seniority, are eligible to use their wages to purchase shares. By sending the form above, I acknowledge that I have read the Privacy Notice and that I have been fully informed of the terms and conditions under which Essilor International processes my personal data. In addition, in 2019, EssilorLuxottica launched its first employee shareholding initiative common to both Essilor and Luxottica. At The Essilor Group, an ophthalmics company based in France, employees are the largest group of company shareholders. #01 Connected life: take care of your eyes! 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. At the creation of the Essilor Group in 1972, a company of executive shareholders of the new Group was formed. Essilor has been awarded the Grand Prix at the 13th edition of the French Grand Prix FAS (French Federation of Associations of Employee and Former Employee Shareholders). Internal shareholders and partners hold 4.3% of the Group's capital. Market Euronext Paris (Compartment A) Codes ISIN Code/Euronext Paris: … All members of the Valoptec Association meet once a year at a General Meeting. Going forward, Essilor’s ambition is to continue strengthening the Group’s shareholding culture among all its employees across the world.”, 1 Brazil, Chile, China, Columbia, Costa Rica, Germany, India Italy, Ivory Coast, Mexico, Philippines, Thailand, United States, Sri Lanka Alongside relentless innovation and our ongoing strategy of acquisitions and partnerships, employee shareholding is a key factor of our long-term growth. How employees become shareholders Jean-Arnaud Thai: I was a consultant in the HayGroup consultancy before working for Carrefour and Bureau Veritas. 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