At Randstad we love to share successes. That’s why we are proud that Stichting Randstad Optiefonds (SRO, or The Fund)offers you an opportunity, separate from the standard labour conditions, to get directly involved in Randstad’s development and growth: through the Share Purchase Plan (SPP). The Fund gives all corporate employees a unique chance to participate in Randstad’s success through the SPP. It is a tailor-made plan enabling you save and become a ‘shareholder’ in Randstad. Don’t worry, it’s quite simple and fun!
- You can choose a percentage up to 5% of your gross salary to save every month with a view to purchase shares. The amount will be deducted from your net salary each month.
- You can purchase shares twice a year with the money you will have saved. At the end of each “savings period” of six months, you decide whether or not to purchase shares. The benefit of owning shares in Randstad is of course that you will receive dividends if and when paid, but you can sell your shares at any time.
- The company takes care of the savings during the saving period.
- SRO grants you on top of your savings a so-called SRO Top-Up amount with a target of 100%, so with the aim to double your savings. This SRO Top-Up amount is blocked for 6 months. You do not need to purchase shares to be eligible to be granted the SRO Top-Up amount from SRO.
- Six months after this grant by SRO the SRO Top-Up will be unblocked (taxable) provided you are still employed by Randstad at that time.
- You can purchase Randstad shares with the SRO Top-Up amount or you can transfer it to your private bank account.
- The purchased shares, as well as your cash balance, is administered on a personal account in tOption, our online SPP administration system. Your tOption account will be opened after you completed your first saving period.
For a full overview of our Share Purchase Plan, please click here to access our Master Share Purchase Plan.