What is Global Shares?Global Shares is a cloud-based employee ownership platform, which assists public and private companies with managing stock compensation plans for employees. Key features include performance tracking, rewards management, goal setting, stock trading, and electronic messaging.
The Global Shares platform enables administrators to create long term incentive plans for employees including stock options, warrants, stock appreciation rights, restricted stock units, performance stock units, deferred stock, and phantom stocks. It allows managers to administer employee stock purchase plans by defining contribution limits, company matching, and dividends, as well as maintaining regulatory compliance and accounting for tax rates between multiple states.
Global Shares includes a trading platform, which displays fees from global stock markets, enables employees to check stock prices, provides trade confirmations, allows participants to access favourable corporate rates, and transfers funds to employee bank accounts on trade settlements. Employees can also access a customized portal to view vested or unvested equity, award balances, historical transactions, and more.