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Employee savings schemes and employee shareholding

Employee savings is an extremely technical area bordering on labour law, tax law and financial law.

Aside from the mandatory and longstanding regime governing profit-sharing schemes, several recent legislative reforms have considerably modernised the law applicable to employee savings schemes and employee shareholding, and companies now have a range of options to grant their staff an interest in the results, development or even the share capital of the company.

Staff incentive tools, elements of general remuneration policies at company or group level, packages following restructuring transactions or LBO, controlling such tools, may have very high added value.

In these areas, August & Debouzy mainly advises and supports its clients with setting up collective remuneration and profit-sharing systems (mandatory and optional profit-sharing schemes, incentives, company/group savings schemes, stock option plans, free allotment of shares, collective retirement savings schemes, etc.). August & Debouzy also assists with the creation or disposal of company mutual funds invested in the company’s stock.

In litigation in this area, we have acted for some major French groups in wide-scale disputes regarding the implementation of profit-sharing agreements.