 |
Incentive Share Program
We want our employees to have a long-term interest in our company and to awaken their interest in a strong share price and high dividends. In this way, the interests of our employees and shareholders converge. The precondition or this is that employees participate in the company by holding shares. The “plus” program promotes the long-term involvement of employees through incentive shares. By participating in the success of the company, the employees are awarded for their personal performance. It encourages them to also give their best in the future.
|
Share programs for employees
As part of the BASF incentive share program “plus,” employees can invest part of their variable compensation in shares. In 2007, BASF employees purchased 426,640 shares worldwide through the “plus” program. Since 1999, BASF has offered its managers opportunity to participate in the BASF Option Program (BOP), which ties a considerable proportion of remuneration to the long-term development of the BASF share price. In 2007, more than 85% of about 1,000 managers eligible, participated in the BASF Option Program worldwide, investing up to 30% of their variable compensation in shares.
|
 |
|
|
|
|
