GEO 2016 Awards

Solium is proud to announce that three of its clients have been recently honoured with awards at the Global Equity Organization (GEO) conference in Boston.

Congratulations!

With excitement and pride, we congratulate our clients on their awards at GEO 2016.

 

Recognized for plan effectiveness

Based in Toronto, Scotiabank is Canada’s most international bank and is a leading financial services provider in North America, Latin America, the Caribbean and Central America. In 2015, Scotiabank refreshed and re-launched its Employee Share Ownership Plan (ESOP) in Canada to enable more than 35,000 Scotiabankers to increase their shareholdings. Although previous plan participation rates were admirable by many standards, Scotiabank recognized the need to align employees as shareholders closer to their corporate goals and objectives.

The ESOP program allowed for more Scotiabankers to contribute more to the ESOP program. The program launch was supported by a comprehensive communication program, including a successful two-month awareness campaign. By designing a more comprehensive plan, Scotiabank created additional value for their employees. The new ESOP program, which took effect in January, enables more employees to increase shareholdings in the Bank and share in the Bank’s success in a tangible way.

 

Honoured for use of video

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Also based in Toronto, Spin Master is a leading global children’s entertainment company that creates, designs, manufactures and markets a diversified portfolio of innovative toys, games, products and entertainment properties. When the company went public in 2015, the owners wanted to recognize the incredible contributions of their long-serving employees and initiate a share plan. Spin Master offered one-time grants to over 700 employees in 11 countries.Equity awards had not previously been a part of the company’s compensation practices, so they needed a system to manage the new plan as well as a robust communication strategy, while also adjusting to the new reality of being a publicly traded company. With the help of GuideSpark and Solium, Spin Master created customized participant videos in multiple languages to achieve their objectives.

 

Praised for use of a share plan in a corporate action

Based in Espoo, Finland, Nokia is a global leader in the technologies that connect people and things. Following the buy-out of Nokia Siemens Networks (NSN) in 2013 and a change in service focus from mobile devices to network infrastructure in 2014, Nokia wanted to ensure that the 50,000 NSN employees joining the Nokia Group were aware of how integral they were to the future success of the company.

Nokia’s existing “Share in Success Plan” needed to be revamped, revitalized, and launched as a new plan to accommodate this significant new population. The team beat its target for new program members, attracting employees in every one of the countries in which the plan operates.

 

Products these winners used effectively

Participant Videos

Maximize the value of your equity compensation plan by communicating its benefits as never before with Participant Videos.

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Plan Admin

Plan Admin nimbly handles any plan type, from various types of share purchase plans to a wide array of awards.

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Global Compliance

Global Compliance gives you the power to reduce risk and expenses with a fast, cost-effective and intuitive approach to due diligence.

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