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This is only theoretically good because he's giving the employees stock. Most times, stock options seem like a rip-off that folks can never really cash in on pr
by Broken_Hippo 10y ago
This is only theoretically good because he's giving the employees stock. Most times, stock options seem like a rip-off that folks can never really cash in on properly.
Maybe I've only encountered this with folks working retail and in places like call centeres, never quite having enough either to buy stocks nor exercise their options after they've left the company. Even $75,0000 (half of the lower stock price amount) can be a life-changing amount for someone making 30k per year.
I understand it is cheaper on the bottom line to offer stocks, but it still can be worthless to the bottom-rung employee.
- jimbokun 10y ago"Even $75,0000 (half of the lower stock price amount) can be a life-changing amount for someone making 30k per year." Yeah, ever see the people openly weeping at the end of every Undercover Boss?
- Broken_Hippo 10y agoI had to look up what Undercover Boss was, honestly, so no :)