Case Study: LEO Pharma boosts employee ownership and inclusivity with J.P. Morgan Workplace Solutions

LEO Pharma boosts ESPP participation to 43% with J.P. Morgan Workplace Solutions

LEO Pharma, a global pharmaceutical company, faced the challenge of launching an inclusive Employee Share Purchase Plan (ESPP) for its widespread workforce across more than 50 countries. They needed to overcome complex jurisdictional regulations, ensure all employees had access to clear information, and provide a seamless enrollment process. To address this, they partnered with vendor J.P. Morgan Workplace Solutions for equity management software and services.

J.P. Morgan Workplace Solutions helped implement a solution that included a cash-based Phantom plan for employees in restricted jurisdictions, a comprehensive multi-lingual communication program, and a streamlined online enrollment platform. The results were highly successful, with over 43% of eligible employees participating, totaling 2,322 people buying into the vision of employee ownership. This effectiveness was recognized when LEO Pharma won a GEO Award in 2023.

LEO Pharma