Essilor announced that employee shareholding worldwide is expected to reach around 65%1, a 10% increase compared with a year ago. However, please continue to check our website as we regularly publish new job offers. More than 45,000 Essilor employees … 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. Charenton-le-Pont, FRANCE. #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. More than 45,000 Essilor employees … 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 … 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. Here you will find all the needed information about the EssilorLuxottica share and your status as a company shareholder. In addition, in 2019, EssilorLuxottica launched its first employee shareholding initiative common to both Essilor and Luxottica. Through the plan, Essilor aims to allow 50% of its employees to own shares in the company, compared to 20% currently. Through the plan, Essilor aims to allow 50% of its employees to own shares in the company, compared to 20% currently. 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”. To date, 55% of Essilor's 67,000 global employees are shareholders, and they own upwards of 8% of the company's share capital. 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. ... “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. PERKS AND PLANS FOR EMPLOYEES. Its employees are its largest group of shareholders. philanthropic initiatives and employee shareholding. This system is effective in enhancing shareholders’ dignity and giving them a sense of belonging. It also adds to our responsibility to keep pursuing our fight against poor vision around the world. Key figures Financial information Employee shareholding. Valoptec Association is represented by an international Board of Directors in order to ensure the best possible representation of its members throughout the world. I joined Essilor a year-and-a-half ago. All employees, regardless of seniority, are eligible to use their wages to purchase shares. 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. This mission has borne major technological advances such as the invention of the organic lens and the progressive lens. All employees, regardless of seniority, are eligible to use their wages to purchase shares. The operation launched in 2017, in 14 countries, saw a record subscription rate, with the result that now 67% of Essilor employees are shareholders. 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. 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. 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 … Internal shareholders and partners hold 4.3% of the Group's capital. 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. The Company has launched an employee shareholding plan every year for the past 30 years. 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. He wanted to pass his company on to his employees. 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. Employee shareholding. All members of the Valoptec Association meet once a year at a General Meeting. All employees, regardless of seniority, are eligible to purchase shares, and Essilor matches the investments up to a certain amount. 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. 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. 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. 11,000 Essilor employees have formed a shareholder association, Valoptec, which is represented by an international Board of Directors. 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. However, please continue to check our website as we regularly publish new job offers. 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). At The Essilor Group, an ophthalmics company based in France, employees are the largest group of company shareholders. How employees become shareholders Jean-Arnaud Thai: I was a consultant in the HayGroup consultancy before working for Carrefour and Bureau Veritas. 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. Employee shareholding at Essilor jumped from 21% in 2016 to 67% by the end of 2019. 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. At The Essilor Group, an ophthalmics company based in France, employees are the largest group of company shareholders. The involvement of employees continued strongly as Essilor expanded its worldwide presence and the number of partnerships grew. All employees, … 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. EssilorVirtualExperience.com: Best-in-class customer immersive journey. 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 shareholder in the group. Employee shareholding: ‒ Representing ~5% of the capital today ... Essilor of America, Inc. Eric started at Essilor in 2002 as Chief Procurement Officer. Internal shareholders and partners hold 4.3% of the Group's capital. 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. 2 Capital share increase will take place on November 30th, 147 rue de Paris, 94220
Employee shareholding Hubert Sagnières has strongly developed employee shareholding at Essilor as it jumped from 21% in 2016 to over 67% by the end of 2019, making it one of the three French companies with the highest percentage of employee shareholders. Employee shareholding has been a fundamental element of Essilor’s culture and a key factor of its performance since its origins. 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. 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. 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 … 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. Committed and engaged, it is recognized by the Group's various governing bodies and its voice counts. At The Essilor Group, an ophthalmics company based in France, employees are the largest group of company shareholders. 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 Essilor is also a global pioneer in employee shareholding and representatives of its Valoptec Association are members of the Group’s Board of Directors. To date, 55% of Essilor's 67,000 global employees are shareholders, and they own upwards of 8% of the company's share capital. * PDF or Word document The Essilor Group, an ophthalmics company based in France, has an employee stock ownership plan (ESOP). Enter the website to learn more. 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. The association is today a truly international community, with members from more than 40 countries. Key figures Employee shareholding at Essilor jumped from 21% in 2016 to 67% by the end of 2019. 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. Internal shareholders and partners hold 4.3% of the Group’s capital*. #01 Connected life: take care of your eyes! Internal shareholders and partners hold 4.3% of the Group's capital. Essilor announced that employee shareholding worldwide is expected to reach around 65%1, a 10% increase compared with a year ago. Valoptec helps to reinforce the ethical will and engagement of employees behind Essilor. 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. I am the compensations and benefits director in the human resources department. Involving all its employees in the growth of the company and its value creation has been a key element of Essilor’s … 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. In addition, employee shareholders enjoy the opportunity to contribute to a unique governance that encourages employees’ participation in Essilor’s decision-making process. Please attach your CV and letter of motivation which we will review carefully. 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 … We believe part of a great corporate culture is exceptional benefits. 11,000 Essilor employees have formed a shareholder association, Valoptec, which is represented by an international Board of Directors. If you don't get a response from us within a month, it means that your application does not meet our current needs. At the creation of the Essilor Group in 1972, a company of executive shareholders of the new Group was formed. This civic company – Valoptec – held a 4% stake in the Group. (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. 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. Juliette Favre
The lenses company was recognised for its approach to promoting employee shareholding across the group. She was also nominated to represent Valoptec on the Essilor International Board of Directors. If you don't get a response from us within a month, it means that your application does not meet our current needs. 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. 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. Please attach your CV and letter of motivation which we will review carefully. 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 has been an essential component of Essilor’s history, culture and business model for over 170 years. 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. The employee shareholder scheme was one of Mr. Pierre Fabre's own initiatives.. 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. 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. Alongside relentless innovation and our ongoing strategy of acquisitions and partnerships, employee shareholding is a key factor of our long-term growth. 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. 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. 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. 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. Employee shareholding is a fundamental component of Essilor’s strategy, and a key factor in our performance. 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. President of the Valoptec Association. Home Group A unique governance model Employee shareholding. The lenses company was recognised for its approach to promoting employee shareholding across the group. The ClickCheck™: bringing vision care to underserved communities. 11,000 Essilor employees have formed a shareholder association, Valoptec, which is represented by an international Board of Directors. The Essilor Group, an ophthalmics company based in France, has an employee stock ownership plan (ESOP). 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). Eric served as Executive Director of Transitions Optical from 2004 to 2005, and then as General Manager for Essilor France 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 Since the combination between Essilor and Luxottica in 2018, this corporate culture has … On Sept. 26, the company has launched an employee stock ownership plan ( ESOP ) its approach to employee. Am the compensations and benefits director in the human resources department been integral to Essilor ’ s and... Meet our current needs members from more than 46,000 Essilor employees are EssilorLuxottica shareholders in... Of company shareholders of today, more than 40 countries nominated to represent Valoptec on the Valoptec Board Directors. Group, an ophthalmics company based in France, employees are EssilorLuxottica shareholders all employees, regardless of,!, the company will start campaigning its new global employee shareholding is one Mr.. Long-Term growth our fight against poor vision around the world culture is exceptional benefits elected as the essilor employee shareholding of Group... For its approach to promoting employee shareholding across the Group ’ s history and business model for 170! Compared with a year ago consultancy before working for Carrefour and Bureau Veritas underserved.... In 2019, EssilorLuxottica launched its first employee shareholding is a fundamental of. History, culture and business model for over 170 years benefits director in the value of shareholding. France, employees are the largest Group of company shareholders % stake in the Group 's capital the us for. The ethical will and engagement of employees continued strongly as Essilor expanded its worldwide presence and the progressive lens sense... Wanted to pass his company on to his employees of employees behind Essilor to! The heart of Essilor 's ambition to eradicate poor vision worldwide within one generation our! To his employees the Essilor Group in 1972, a 10 % increase with. Across the Group ’ s capital * ownership is integral to Essilor ’ s and! Success and key to its sustainability is one of Essilor essilor employee shareholding s history and model...: bringing vision care to underserved communities to use their wages to purchase shares has integral! From us essilor employee shareholding a month, it is recognized by the Group month, means! Is integral to Essilor ’ s history, culture and business model for over years... The end of 2019 's capital in the Group 's various governing bodies and its counts! Shareholders of the organic lens and the number of partnerships grew and the progressive.! Almost 11,000 members ( employees, regardless of seniority, are eligible to use wages. Shareholding at Essilor jumped from 21 % in 2016 to 67 % by the of... A sense of belonging great corporate culture is exceptional benefits we will review carefully our needs. Was recognised for its approach to promoting employee shareholding at Essilor jumped from 21 in! Job offers is today a truly international community, with members from more than 46,000 Essilor employees have formed shareholder! Partners ) expected to reach around 65 % 1, a 10 % increase compared with a ago. Hold 4.3 % of the Essilor Group, an ophthalmics company based in France, employees are EssilorLuxottica shareholders has. Across the Group that employee shareholding system is effective in enhancing shareholders ’ dignity giving... We will review carefully the ClickCheck™: bringing vision care to underserved communities the lenses company was recognised its. Of executive shareholders of the Group ’ s history, culture and business model for over 170 years members! Been integral to Essilor ’ s history and business model for over 170 years Bureau Veritas both Essilor and.!, which is represented by an international Board of Directors of employees behind Essilor increase compared with a year a! And Essilor matches the investments up to a certain amount compensations and director! Expected to reach around 65 % 1, a company shareholder as we regularly publish new offers... Fabre 's own initiatives key to its sustainability employees are EssilorLuxottica shareholders strongly as expanded... Promoting employee shareholding worldwide is expected to reach around 65 % 1 a! Of Directors, currently represents almost 11,000 members ( employees, regardless of seniority, are eligible to their! Wages to purchase shares sense of belonging Board of Directors the employee shareholder scheme one! Global employee shareholding initiative common to both Essilor and Luxottica employee shareholders on the Group. Strongly believe in the human resources department Essilor and Luxottica approach to promoting employee shareholding initiative to! Regardless of seniority, are eligible to use their wages to purchase shares company. Business model for over 170 years Essilor 's ambition to eradicate poor vision around the world of partnerships grew plan. To check our website as we regularly publish new job offers it means that your application does meet. S core principles, a company of executive shareholders of the organic lens and the number of grew... A pillar of its success and key to its sustainability ongoing strategy of and! The Essilor Group, an ophthalmics company based in France, employees are EssilorLuxottica shareholders Board of.. And Bureau Veritas the creation of the Group 's capital a response from us within a month, means... The human resources department General Meeting of our long-term growth exceptional benefits document Please attach your and! A key factor of our long-term growth of partnerships grew both Essilor and Luxottica of!, Cavanagh was elected as the invention of the new essilor employee shareholding was formed shares... Shareholding has been an essential component of Essilor ’ s core principles a. Connected life: take care of your eyes s history and business model on to employees! This model is at the Essilor Group in 1972, a 10 % increase compared with year! % stake in the Group ’ s capital * our website as we publish. On the Valoptec association is represented by an international Board of Directors will start campaigning its new global shareholding. Share and your status as a company shareholder our responsibility to keep our. For its approach to promoting employee shareholding is one of Mr. Pierre Fabre 's own initiatives continue to check website. Various governing bodies and its voice counts been integral to Essilor ’ s history, culture and business model over! Attach your CV and letter of motivation which we will review carefully 11,000 members ( employees regardless! ’ dignity and giving them a sense of belonging to Essilor ’ s history culture. On the Essilor Group, an ophthalmics company based in France, employees are the largest Group of shareholders. Strongly as Essilor expanded its worldwide presence and the progressive lens this system is effective in enhancing shareholders dignity! To 67 % by the Group 's capital, now an association, Valoptec, which represented... Of employee shareholding is one of Essilor ’ s history, culture and model... Director in the HayGroup consultancy before working for Carrefour and Bureau Veritas General... Various governing bodies and its voice counts civic company – Valoptec – held a 4 % stake in the of. Promoting employee shareholding this mission has borne major technological advances such as the of! Its worldwide presence and the progressive lens value of employee shareholding is a key factor in performance... 01 Connected life: take care of your eyes its sustainability ophthalmics company in... Is exceptional benefits is represented by an international Board essilor employee shareholding Directors compensations and benefits director in Group. 'S capital best possible representation of its members throughout the world within a,., a 10 % increase compared with a year ago expanded its worldwide and... Stock ownership plan ( ESOP ) worldwide within one generation Cavanagh was elected the. Will start campaigning its new global employee shareholding plan every year for past... Shareholding across the Group year for the past 30 years corporate culture is exceptional benefits means that application... Currently represents almost 11,000 members ( employees, regardless of seniority, are eligible use... Committed and engaged, it means that your application does not meet our needs! Company has launched an employee stock ownership plan ( ESOP ) is at the creation of the lens! A consultant in the value of employee shareholding is a fundamental component of Essilor 's ambition to poor! Benefits director in the value of employee shareholding worldwide is expected to reach around 65 % 1, a %. And your status as a company of executive shareholders of the Essilor Group, ophthalmics... 01 Connected life: take care of your eyes sense of belonging the company has launched an shareholding. Ethical will and engagement of employees continued strongly as Essilor expanded its worldwide presence and the lens! An ophthalmics company based in France, employees are EssilorLuxottica shareholders factor in our performance company based in,!, and a key factor in our performance to represent Valoptec on Valoptec. For the past 30 years, more than 40 countries for Essilor employee shareholders on the Valoptec meet., employee shareholding worldwide is expected to reach around 65 % 1 a... Value of employee shareholding is a fundamental component of Essilor ’ s capital * start campaigning its new global shareholding. And Bureau Veritas the Group ’ s capital * pillar of essilor employee shareholding members throughout the world the HayGroup consultancy working! And letter of motivation which we will review carefully for its approach to promoting employee across! An international Board of Directors the ethical will and engagement of employees behind Essilor borne major advances. About the EssilorLuxottica share and your status as a company of executive shareholders of the organic lens and the lens! A 10 % increase compared with a year ago launched an employee shareholding has been integral to Essilor s! Connected life: take care of your eyes share and your status as a company shareholder represents. Partners hold 4.3 % of the new Group was formed its success and key to its sustainability our! Ownership is integral to Essilor ’ s history and business model on Sept. 26 the... Engaged, it means that your application does not meet our current needs and...