APC 2014 Annual Report Download - page 284

7INFORMATION ON THE COMPANY AND ITS CAPITAL
EMPLOYEE INCENTIVE PLANS – EMPLOYEE SHAREHOLDING
Employee incentive plans – 5.
Employeeshareholding
Profit-sharing plans
Most of the Group’s French companies have profit-sharing and other profit-based incentive plans.
The amounts paid by the Group’s French entities over the last five years were:
(inmillions of euros) 2014 2013 2012 2011 2010
Profit-based incentive plans and profit-sharing plans 63.5 76.7 50.9 59.9 56.5
In2014, almost 55% of the total from incentives and profit-sharing was invested in the Schneider Electric shareholder fund and nearly 21%
was cashed out by employees.
The «Schneider Electric» employee shareholding
Schneider Electric employees are the drivers of Company growth. and 6.26% of the voting rights, taking into account double voting
They are the main force behind the Group with their knowledge of rights.
the business and their involvement in the roll-out of Group strategy. Voting rights attached to shares held by corporate mutual funds
By linking employees to its capital, Schneider Electric allows them are exercised by the supervisory boards of the corporate mutual
to profit from value creation other than by their salary, thus aligning funds.
the interests of the employees and the company. In countries The Group’s employee shareholders are broken down as follows:
where regulations permit, Schneider Electric offers its employees 38% in France, 8% in the United States and 54% internationally.
the opportunity to invest during share capital increases reserved to More than 30% of employees are shareholders of the Group. They
its employees. are spread among nearly 60countries.
The Group's last employee share issue took place in July2014.
Profit sharing bonus
This resulted in a subscription of 3.6million shares.
At December31, 2014, Group employees held a total of
23.4million Schneider ElectricSE shares through the corporate In2014, employees of French entities received a EUR50 payment
mutual funds (FCPE) or directly, representing 4.01% of the capital as a profit sharing bonus.
282 2014 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC