Publicis Groupe to Receive the 2009 Global Equity Organization (GEO) Awards for 'Most Innovative and Creative Plan Design' Category
Posted on: Thursday, 9 July 2009, 07:46 CDT
Publicis Groupe presented the new equity compensation plan, including
LionLead (co-investment Plan), Long Term Incentive Plan (LTIP) and the
Worldwide Free Share announced in
The Groupe received the 'Most Innovative and Creative Plan Design' category Award. 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 their plan differs from competitors or industry norms.
The share plan team at Publicis Groupe realized the impact the economy would have on an ESPP (Employee Share Purchase Plan) program, which required participants to contribute cash in exchange for shares. Publicis Groupe re-evaluated their options and created a unique three-part plan to benefit all employees. Key to the program was a free shares offering to all 45,000 employees worldwide, supplemented by significant modifications to an existing key contributor plan and a unique co-investment plan, dubbed Lion Lead, for senior executives. "The judges applaud the flexibility and adherence to values demonstrated by Publicis Groupe under challenging conditions and are pleased to present them with the GEO Award for Most Innovative and Creative Plan Design."
Please find more information on the category on the website: http://www.geoawards.org
About Publicis Groupe
Publicis Groupe [Euronext Paris: FR0000130577] is the world's fourth
largest communications group. In addition, it is ranked as the world's second
largest media agency, and is a global leader in digital and healthcare
communications. With activities spanning 104 countries on five continents,
the Groupe employs approximately 45,000 professionals. Publicis Groupe offers
local and international clients a complete range of advertising services
through three global advertising networks,
SOURCE Publicis Groupe Services
Source: PR Newswire
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