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Developing a made-in-Canada approach to employee ownership trusts will address multiple public policy challenges, according to a new report by non-profit Social Capital Partners. Employee-owned companies — where a broad base of employees own a significant stake in their employer — are associated with better company performance, stronger local economies, long-term investment and higher wealth […]

  • By: Staff
  • March 7, 2022 March 4, 2022
  • 09:00

Employee share purchase plans are enduring the ongoing coronavirus pandemic, despite dips in stock prices for some sectors, says Scott Anderson, regional vice-president of employee benefits at Hub International Ltd. “There are companies in the transportation and entertainment industries that have taken major hits, but for the most part they’re doing their [employee share purchase […]

L’Oréal Group launches new global employee share purchase plan

L’Oréal Group is launching a new employee share purchase plan in 57 of the countries in which it operates.  The latest offering comes on the heels of the global beauty company’s first worldwide employee share plan two years ago. “This year, after the success of the first plan in 2018, we want to once again involve our employees in the […]

  • By: Staff
  • September 23, 2020 November 12, 2020
  • 15:15
80% of Siemens Canada employees become company shareholders

More than 80 per cent of eligible Siemens Canada employees are now shareholders in the company. The global industrial manufacturing firm recently distributed a total of 400 million euros from a profit-sharing pool to employees in 102 countries. In total, about 300,000 of the company’s 377,000 staff worldwide now hold Siemens’ shares. Read: How Canadian Tire connects retirement […]

  • By: Staff
  • July 26, 2018 September 13, 2019
  • 09:00