Case Study: RB Global achieves 90% global adoption and 79% lower per-share expense with Carver Edison’s Cashless Participation®

RB Global cuts per-share expense 79% with Carver Edison

Carver Edison worked with RB Global, an omnichannel marketplace operating in over twenty countries, whose challenge was to maintain a generous employee stock purchase plan that had become economically unsustainable at a global scale. The traditional company-matching model was creating a significant operational expense that needed to be controlled.

The solution from Carver Edison was to implement its Cashless Participation® program, replacing the match and eliminating upfront payroll barriers. This was supported by a tailored global communication and education strategy. The results showed a 90% global adoption rate among employees and achieved a 79% reduction in per-share expense for RB Global, while also strengthening the company's paid-in capital and financial position.

RB Global