• At $49 billion company Essilor, employees are the largest shareholders - and the CEO says that's the best way to do it

    6 days ago - By Business Insider

    The Essilor Group, an ophthalmics company based in France, has an employee stock ownership plan. 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.
    This article is part of Business Insider's ongoing series on Better Capitalism .
    At The Essilor Group, an ophthalmics...
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