Case Study: Global Atlantic Financial Group streamlines employee stock sale with Shareworks

How Global Atlantic overcame the arduous task of manually executing its equity compensation plan

Global Atlantic Financial Group, a Bermuda-based insurance and financial services company, needed a better way to manage employee equity participation as its headcount grew and demand for a private stock offering increased. After a labor-intensive, manual 2016 sale process, the company turned to Shareworks and its Participant Experience and Liquidity Events capabilities to help streamline a more complex 2018 offering.

Shareworks provided a flexible, customizable system that let employees review program details, submit indications, upload documents, and make payments through a streamlined dashboard, while HR could send reminders, reactivate users, and manage the program more easily. The solution reduced manual effort and helped Global Atlantic complete the process smoothly, with over 50% of employees ultimately becoming shareholders.

Global Atlantic Financial Group

Jenn Cohen

Head of Compensation