Case Study: Generali boosts employee ownership and engagement with J.P. Morgan Workplace Solutions

Generali boosts employee share plan participation to 35.3% with J.P. Morgan Workplace Solutions

Generali, a global insurance and asset management company, faced the challenge of designing and implementing a single, compelling employee share plan for over 60,000 eligible employees across 21 countries and 20 languages. The plan needed to foster a sense of ownership and align with the company's strategic culture transformation. J.P. Morgan Workplace Solutions, through its Global Shares technology, was engaged to help overcome these complexities of scale and localization.

The solution, called We SHARE, was a simplified plan allowing payroll savings to purchase shares after three years, with matching contributions and downside protection. J.P. Morgan Workplace Solutions provided a unified electronic portal supporting multiple languages and currencies. The result was significant board approval and a 35.3% participation rate, with over 21,000 employees enrolling. This high engagement successfully helped align employees with Generali's strategic goals.

Generali