2022 newspad awards
Submissions are now open for the 2022 Newspad All-Employee Share Plan Awards. The newspad awards recognise the achievements of companies which offer employee share plans and hold up best practice models for other companies to follow. Companies can nominate themselves or advisers can make submissions on behalf of clients. The deadline for all nominations is 5:00pm on Friday 16 December 2022.
The award categories this year are:
- Best all-employee share plan in a large company (more than 2,500 employees)
- Best all-employee share plan in a mid range company (500-2500 employees)
- Best all-employee share plan in an SME (fewer than 500 employees)
- Best executive/managerial equity reward plan (involving more than 100 employees)
- Best share plan communications
- Best use of technology, AI or behavioural science
- Best share plan response to significant changes or challenging situations
- Best employee share plan team leader
- Outstanding company leader
Application process
To submit an application for the newspad all-employee share plan awards, please complete both of the following stages:
- Online application form – complete all sections of the online form, providing as much detail as possible. (Alternatively, entries can be made by one or two explanatory documents)
- Supporting documentation – where appropriate, please back up your application with supporting documentation. Either upload the files at the end of the form, or email them to esop@esopcentre.com.
Please read the rules and terms of entry below.
The winners will be decided by two impartial judges, experts in the use of employee equities, plus Malcolm Hurlston CBE, founder of the Esop Centre. The finalists will be announced in newspad and award certificates will be presented during the Centre’s British Isles Symposium 2023.
If you have any questions, please contact us at esop@esopcentre.com or call +44 (0)20 7562 0586.
Rules
- A plan issuer company can nominate itself for an award.
- A practitioner can nominate a client company for an award provided permission has been received from the client company. The practitioner must be a member of the Esop Centre but the nominated client may be a non-member.
- A practitioner can nominate a different client company for each award, or the same company for more than one award.
- A plan issuer company can nominate itself for more than one award.
- Judges and their companies or clients are not eligible to apply for any award.
- Entries can be made using the online entry form or by one or two explanatory documents. Submissions should be accompanied by supporting documentation (please see the online entry form for further details).
- Entrants should be prepared to co-operate fully with the judges or their representatives, where necessary, in response to enquiries seeking additional information from short-listed entrants.
- The decision of the judges is final.
- Commercial sensitivity will be respected.
- No charge is made for entries.
category descriptions:
Best all-employee share plan in a large company *
An all-employee share plan can be a particularly effective way for a large, or multinational company to bring together a diverse workforce to help achieve key corporate goals. Applications to this award category will be judged on how successfully the share plan meets the company’s objectives in inclusivity within a large workforce or in light of the complexities of cross-border arrangements.
* In a company with more than 2,500 employees
Best all-employee share plan in a mid-range company †
All-employee share plans help spread the wages of capital and boost company productivity. This award category highlights how share schemes can be used to benefit employee and business alike.
† In a company with between 500 and 2,501 employees and participants.
Best all-employee share plan in an SME‡
Employee engagement can be vital to a small or fledgling business and employee share plans give employees a stake in the company. This award category, too, highlights how share schemes can be used to benefit employee and business alike.
‡ In a company with fewer than 500 employees.
Best executive/managerial equity reward plan
An executive or managerial equity reward plan is useful for companies to engage and retain key staff by giving them a stake in the business. This award category is designed to show us why the issue of share options or deferred shares was the best solution in the circumstances. The submitted incentive plan must cover more than 100 executive and/or managerial employees.
Best share plan communications
Communication is key to the success or failure of an all-employee share scheme. This award category highlights the need for communications programmes that are sensitive to the circumstances of an individual company and the make up of its workforce.
Best use of technology, AI or behavioural science
Without effective technological solutions, all-employee share plans would be prohibitively expensive and time consuming for many companies. This award category recognises innovative uses of technology to manage, communicate and administer share schemes in a fast changing world.
Best share plan response to significant changes or challenging situations
Since 2020, the pandemic, global crises, rising inflation and the cost of living have brought many challenges to business, not least of which is the change to working life and finances. All-employee share plans can play a key part in rising to such challenges by contributing to employees’ savings, morale and engagement. This award is designed to recognise ingenuity in either adapting a share plan or creating a special plan to fit the rapidly shifting landscape or help alleviate some of the pressures that arise from extraordinary situations.
Best employee share plan team leader
The success of an all-employee share plan can sometimes depend on the enthusiasm of the project or team leader personally involved in promotion of the plan. This award is designed to recognise a great senior officer – HR director; head of reward; company secretary; employee share plan manager - who motivates staff to participate by taking a keen interest in the installation and monitoring of all-employee equity plans in the business.
Outstanding company leader
The success of an all-employee share plan can also depend on the support of the company’s leaders. This award is designed to recognise a motivational chairman or ceo who effectively promotes all-employee equity with enthusiasm.
Previous winners
2021 ESOP STARS
The first special award was to the chairman of the Chinese company Tencent, Pony Ma. He not only installed share schemes in the company for all employees but in addition gave equity to all employees from his personal holding.
The second special award went to John Menke who was a colleague of Louis Kelso who created the Esop in California.
The major awards – the Esop Stars – were awarded to:
Ceres Power – In recognition that the Ceres Sharesave 2021 plan showed rare success in adaption to the covid year, in reference to its effective communications of the plan to a multi-national workforce.
Kindred Group – In recognition that the K2 AESP plan showed rare success in adaption to the covid year, referring to the plan’s international and inclusive reach.
Nigel Le Quesne – The CEO of JTC was awarded the Esop Star for outstanding company leader, in recognition of his effective promotion of all-employee equity with rare enthusiasm.
Winch Designs – In recognition that the Winch Employee Ownership Trust plan showed rare success in adaption to the covid year, referring to the success of the EOT, which owns 100 percent of the company on behalf of all 140 employees.
Wise plc – In recognition that the Wise All-Employee Global Long-Term Incentive Plan was commended for its inclusive equity in a covid world.
2020
Best all-employee international share plan*
* Participants in at least three countries.
winner: BAE Systems
highly commended: BT
special commendation: Gamesys
special commendation: LPKF Laser & Electronics
Best executive/managerial equity reward plan (more than 100 employees)
winner: Imperial Brands
Best share plan communications
winner: Marks & Spencer
highly commended: Sky
Best use of technology, AI or behavioural science in employee share plans
winner: BT
Best share plan adaption to the Covid crisis
winner: Daily Mail & General Trust
Outstanding company leader (for chairman or ceo personally associated with company plans)
winner: Liv Garfield ceo of Severn Trent
Company whose employee share ownership impacts most on company success
Winner – Siemens Energy
2019
Best all-employee international share plan*
* Participants in at least three countries.
winner: Reckitt Benckiser
highly commended: Airbus
Best share plan communications
winner: easyJet
highly commended: Tesco
commended: Mitie
Best use of technology, AI or behavioural science in employee share plans
winner: Marks & Spencer
The most creative solutions
winner: Dixons Carphone
Best employee share plan practitioner
winner: Rm2 Partnership
2018
Best all-employee international share plan*
* Participants in at least three countries.
winner: easyJet
Best UK centred all-employee share plan †
ᶧParticipants in no more than two countries.
winner: Xtrac
Best share plan communications
winner: Micro Focus
highly commended: Non-Standard Finance
Best use of video communication
winner: Unilever
Best use of technology in employee share plans
winner: BP
highly commended: Paddy Power Betfair
The most creative solutions to employee cultural, jurisdictional or social diversity issues when launching international all-employee share plans
winner: BAE Systems
2017
Most Creative Solution
Winner: Google
Best all-employee international share plan *
* Participants in at least three countries.
Winner: Nokia
Highly commended: Sage Group
Best all-employee share planᶧ
ᶧParticipants in no more than two countries.
Winner: Valero
Best share plan communications
Winner: Telefónica
Highly commended: Teva Pharmaceutical Industries Ltd
Best use of video communications
Winner: Amadeus IT Group
2016
Best all-employee share plan in a company with more than 1,500 employees
Winner: Computershare
Highly commended: Just Eat
Best all-employee share plan in a company with fewer than 1,500 employees
Winner: Chess Ltd
Best international all-employee share plan
Winner: Nokia
Very highly commended: Rio Tinto
Best all-employee share plan communications
Winner: Aviva
Best financial education of employees
Winner: Henderson
2015
Best international all-employee share plan in a company with more than 1,500 employees in at least three countries
Winner: Amadeus IT Holding
Best all-employee share plan in a company with fewer than 1,500 employees
Commended: Henderson Global Investors
Winner: Abzena
Best all-employee share plan communications
Winner: Royal Dutch Shell
Best in financial education for employees
Henderson Global Investors
Best integration of an all-employee share plan into a wider programme of employee engagement
No award in 2015
Best use of video in share plan communications
Winner: Telefonica
Best employee equity intervention by a major company chairman or ceo
Sacha Romanovitch, ceo of Grant Thornton
2014
Best international all-employee share plan in a company with more than 1,500 employees in at least three countries
Winner: Shell
Best all-employee share plan in a company with fewer than 1,500 employees
Winner: Conviviality
Best all-employee share plan communications
Commended: BSkyB
Winner: Rio Tinto
Special Award
BT, for its £1.1bn ShareSave payout
2013
Best employee share ownership plan (more than 1,500 employees)
Winner: Edwards Group
Best employee share ownership plan (fewer than 1,500 employees)
Winner: Igas Energy
Best all-employee share plan communications
Commended: W M Morrison Supermarkets
Winner: Pearson
Esop Institute student of the year
Stuart Clarke of RBC cees
2012
Best employee share ownership plan for a company with over 1,500 employees
Commended: Diageo
Winner: Royal Dutch Shell
Best employee share ownership plan for companies with fewer than 1,500 employees
Commended: The London Stock Exchange
Highly Commended: Imagination Technologies Group
Winner: Henerson Global Investors
Best communications supporting an all-employee share plan
Commended: Whitbread Group
Highly Commended: Flybe Group
Winner: J Sainsbury
2011
Best employee share plan in a company with more than 1,500 employees
Commended: Pearson
Joint Winners: Barclays and Ericsson
Best employee share plan in a company with fewer than 1,500 employees
Highly Commended: Telecity
Winner: Innospec
2010
Best employee share ownership scheme (More than 1,500 employees)
Highly Commended: BT
Winner: Shell International
Esop Institute student of the year
Anne-Louise Flowers, formerly of Sanne Group
2009
Best international employee share plan
Highly Commended: Diageo and RSA Insurance Group
Winner: Serco Group
Best small company international employee share plan
Winner: Telecity Group
Esop Institute student of the year
Winner: Charlie Germain from Ogier
2008
Best international employee share ownership plan for smaller companies
Winner: Telecity
Best international employee share ownership plan for larger companies
Winner: RSA
Esop Institute student of the year
Kristopher Poulton of Deloitte