Employee share ownershipThanks to a dynamic employee share ownership policy, introduced in 1970 then regularly improved, Bouygues employees are the Group's second largest shareholder.
Two directors representing employee shareholders were appointed to Bouygues' Board of Directors in June 1995. Sandra Nombret and Michèle Vilain are the two directors representing employee shareholders currently in office, reflecting the increase in the number of women serving on the Group’s Board of Directors.
A company savings scheme since 1990Martin Bouygues created a corporate savings plan invested in Bouygues shares in 1990 in order to give employees a stake in the Group's growth. The plan, to which the Group makes matching contributions, is a great success. The original scheme has been steadily improved over the years, encouraging small pay-ins in order to increase the number of investors. In addition, capital increases reserved for Group employees have further strengthened the position of employee shareholders. Seven leveraged capital increases since 1999 Bouygues Confiance, the first leveraged capital increase reserved for employees, was launched in December 1999. Limited to €230 million and intended for the 42,000 Group employees with tax residence in France, the capital increase was oversubscribed by 23%. More than 20,000 employees subscribed to the scheme, which reached maturity in January 2005. Bouygues Confiance 2, a second leveraged capital increase also limited to €230 million, was launched in December 2001. The scheme, which was oversubscribed by nearly 100%, was open to all employees in France, expatriate staff and employees from some subsidiaries abroad. Almost 30,000 employees subscribed. The scheme reached maturity in January 2007. Bouygues Confiance 3, the third leveraged capital increase reserved for employees of the Group's French companies, was carried out in December 2005 and limited to €250 million. Some 25,000 staff members, or close to 40% of eligible employees, subscribed. The scheme reached maturity in January 2011. Bouygues Partage: an employee share ownership plan accessible on equal termsIn December 2006, Bouygues’ Board of Directors decided to carry out a new employee share ownership plan called Bouygues Partage. Launched in April 2007, Bouygues Partage was a huge success. The plan was subscribed by nearly 76% of eligible employees2, ie more than 53,000 staff members in France.
Collective retirement savings scheme (PERCO)
With the aim of further improving the Group's social policy, and to address the problem of the foreseeable decline in retired people's pension income, since January 2006 Bouygues has offered employees of the Group's French companies a collective retirement savings scheme.
1Figures at 30 November 2011 2Eligible employees: employees working under employment contracts governed by French law (Updated: January 2012) |
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Bouygues Partage 2, new employee share ownership scheme on equal terms 
Bouygues Confiance 5, the seventh leveraged capital increase, was made available in November 2010 to employees of the Group’s French companies working under employment contracts governed by French law. The authorised capital increase was €250 million. More than 30,000 employees subscribed, or close to 40% of the workforce eligible for the scheme.
