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Equity compensation, and specifically employee stock ownership, has the potential to help millions of workers who are facing limited wage growth and difficulty saving. Broadening access to the market and reducing financial risk is crucial to connecting more individuals, particularly lower-income earners, to the wealth-building power of the equities markets.
“We built Carver Edison to help America’s working class finally get ahead,” said Aaron Shapiro, Carver Edison’s Founder and CEO. “Cashless Participation™, for the first time, removes the friction between increasing compensation for employees and delivering value for shareholders. We’re thrilled to be partnering with Global Shares to bring our technology to a greater segment of the US market as well as global markets, and to many more families who will benefit tremendously.”
This partnership focuses on two products, Cashless Participation™ and Carbon™:
Cashless Participation™: This patented technology is an enhancement to global ESPPs that allows employees to maximize their ESPP contribution with limited payroll deductions. Participating employees will own more shares than they otherwise would have been able to afford – without seeing their paychecks shrink.
Carbon™: This is the world’s first platform that allows companies to design, schedule and launch education campaigns for their global stock plans (including ESPPs, …
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