| There are five (5) award categories for the GEO awards.
These categories represent the general distinctions in how plans can
be promoted, designed, and operated to the highest calibre.
Best Communications:
Communication is key to the successful operation of any employee
share plan, and operating plans internationally provides additional
challenges. Judges look for the most effective and appropriate
means of communication materials used to help achieve the plan's
objectives.
Best Use of Technology:
Websites, intranets, and other electronic means of communicating
to employees have become invaluable and cost effective tools of
international equity compensation. This award is granted to companies
with innovative, appropriate, easy to use, and eye-catching electronic
communications.
Most Innovative and Creative Design:
Stock plans can be created to meet a multitude of corporate objectives
and ultimately must balance those objectives with the legal, regulatory,
and corporate culture obstacles that may be encountered. This category
will allow applicants to demonstrate how inventive and creative
they were in working around potential stumbling blocks in developing
and implementing stock ownership plans. Measurements in this category
will include how well the plan was adapted to local tax and regulatory
laws, innovative ways to increase employee participation and excitement,
and how their plan differs from competitors or industry norms.
Best Plan Effectiveness:
Stock plans are key to helping a company achieve its corporate mission
and goals. This category will highlight companies that have spent
time and energy developing a stock plan that works towards those
various corporate objectives. The criteria for this category will
be assessing employee participation, and other ways of involving
employees in the operation of the company. An essential component
of assessing effectiveness is a clear statement of the goals of
the plan in addition to a demonstrated measurement technique.
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