Banken for en verden i endring The bank for a ... - BNP Paribas

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Banken for en verden i endring The bank for a ... - BNP Paribas

• human resources development / clearly identified operational challenges

> Profit-sharing and value creation

The Group seeks to optimise its profit-sharing

mechanisms in accordance with local tax and

labour regulations. It offers different types of

incentive bonuses and profit-sharing plans in

various territories.

> Employee share ownership

The Group encourages employee share ownership

through an annual share issue reserved for

employees. Since the creation of the BNP Paribas

Group in 2000, the worldwide employee share

ownership plan has been offering employees the

opportunity to become shareholders within their

own company. They are entitled to a discount on

the shares they purchase and top-up payments

from the company. Seven share issues have been

offered in this context. An amount in excess of

EUR 200 million is subscribed to each year.

Incentive and profit-sharing plans

BNP Paribas SA

year

in euros

2003

2004

2005

These operations were successful, despite

the obligatory medium-term holding period

involved, thanks to the discount provided for by

French law and the company’s contribution in

the form of top-up payments. Nearly 4.7 million

shares were subscribed to in 2006, reflecting a

subscription rate of 53%, equal to the previous

year’s. This was a remarkable performance,

given the 43% increase in the subscription

price. It is a sign of the employees’ confidence

in BNP Paribas’s growth strategy.

2006

Gross amount 116,769,620 148,701,874 186,076,788 227,719,000

Minimum amount

per employee

Maximum amount

per employee

2,328

7,831

2,945

10,020

3,772

10,689

4,696

12,732

Employee rights issues

BNP Paribas awarded the 2006

“Prix de l’Actionnariat Salarié”

BNP Paribas was one of three CAC 40

companies to win a “Prix de l’Actionnariat

Salarié”, an employee share-ownership

prize, at the Actionaria shareholding

fair organised under the auspices of the

French federation of employee and former

employee shareholders (FAS).

2006 France International Total Average over 3 years

Number of eligible employees 68,998 36,996 105,994 101,362

Number of employees

subscribing

44,287 11,565 55,852 53,174

Subscription rate 64% 31% 53% 53%

Amount (EUR million) 219,4 63,2 282,6 239

73 BNP PARIBAS AND ITS STAKEHOLDERS

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