Here are a few investment suggestions, depending on your strategy.
Scenario 1 – Invest the minimum to receive the maximum employer matching
There is one unavoidable rule: €1,100 must first be invested in funds other than the WESOP.
You then need to invest €2,000 in Schneider Classic WESOP shares.
This means you must invest a minimum total of €3,100 to be eligible for the full employer matching.
Scenario 2 – Maximize investment in Schneider shares
The approach is slightly different.
First, €400 must still be invested outside the WESOP.
Then, you invest €3,572 in the Schneider Classic WESOP fund to receive the full employer matching.
The total amount to invest is therefore €3,972.
Summary
- Investing €400 outside the WESOP fund is mandatory in all cases to be eligible for the maximum €1,800 employer matching.
- €3,100 is the minimum investment required to receive the full employer matching.
- €3,972 is required to maximize investment in Schneider shares.
Everyone is then free to choose other combinations, or even to invest more — up to 25% of gross annual salary, via an additional voluntary contribution, which may also benefit from the 15% WESOP discount, corresponding to a purchase price of €210.45, deducted on July 3.
Above all, remember to complete your investment before May 11 at 5:00 pm on wesop-fr.se.com
If you have any questions, feel free to discuss them with a CFTC staff representative — for example, over a coffee!