1. At $49 Billion Company Essilor, Employees are the Largest Shareholders — and The CEO Says That's the Best Way To Do It

    At $49 Billion Company Essilor, Employees are the Largest Shareholders — and The CEO Says That's the Best Way To Do It
    • The Essilor Group, an ophthalmics company based in France, has an employee stock ownership plan (ESOP). Its employees are its largest group of shareholders.
    • All employees, regardless of seniority, are eligible to purchase shares, and Essilor matches the investments up to a certain amount.
    • Employees can also vote on company decisions through the employee shareholder association.
    • Other companies, like Sears, have adopted ESOPs in the past — but it's not for every organization...
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    1. The financial investors are taking risks with their money, while the employees are taking risks with their life.
    2. Your voices are equally important to me, so I want to give more weight to the person voting than the number of shares that they have.
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