50skills
9 Case Studies
A 50skills Case Study
Festi, a prominent Icelandic company operating across six subsidiaries, faced the challenge of managing its complex employee stock option program manually. This process was time-consuming, required consistency across different brands, and involved additional steps for employees under 18. To solve this, Festi turned to the automation platform 50skills.
The solution from 50skills automated the entire process, including sending opt-in forms, generating and sending contracts for e-signature, and tracking progress. This implementation saved Festi over 200 hours of manual work, ensured brand consistency, and led to increased employee participation in the stock option program, demonstrating the significant impact of 50skills.