4 ms·

You are already paud by your employer, you are not going to get more money or security from him.

by pfortuny 9y ago

ekianjo 9y ago
many companies encourage employees to buy stock with special rates.
- EliRivers 9y ago
  If you're really lucky, as I'm sure you well know, you can ever put your pension into the company, and then when Enron goes bust you've got no job, no investments, no pension!
- cmpxchg8b 9y ago
  Which any wise person would sell immediately to diversify.
  - simonh 9y ago
    Sure, but until those options vest you’re still doubly exposed. I’m in this position right now. A fixed amount from my pay goes into buying options which vest in 3 years time. Fortunately I could afford to lose that money if it came down to it, but it’s a real issue and in a worst case scenario that’s money I might need. It’s certainly a consideration.
    - rebuilder 9y ago
      There's a reason you get a discount. Are employees who buy options generally unaware of the risks?
    - wolco 9y ago
      Investing in options that vest in three years. Hopefully you are part of a big stable corporation.
  - dash2 9y ago
    That is not necessarily true. As an employee, you may be in a good position to judge whether a firm is likely to succeed, with perspectives not available to the market. This is why markets often react when CEOs buy/sell their own stock.
    - gaius 9y ago
      A CEO is an "insider" in market-speak. Jo(e) Engineer is just a punter like anyone else.
      - morgante 9y ago
        That's not strictly true. Depending on the company, it's very possible for mere engineers to have access to material non-public information. There's a reason many companies impose broad blackout dates on trading.
        jessaustin 9y ago
        Mere engineers would be prosecuted long before CEOs for the totally-at-Justice-Dept-discretion crime of "insider trading".
      - anigbrowl 9y ago
        That's self-evidently false. Engineers have insight into the internal culture of a firm and how it may differ from public perceptions, not to mention their own opinions on the quality of the back end technology and awareness of future plans or possibilities.
    - Marazan 9y ago
      The average employee would be in a terrible position. Ref: Enron.
    - _ph_ 9y ago
      The advantage of the employee isn't insider knowledge - it would be illegal to deal based on it - but understanding what the company does and which market it works in in the first place. This purely technical knowledge might give investment decisions some better factual support. But
  - morgante 9y ago
    You'd be amazed how many people willingly keep large portions of their net worth invested in their employer.

You are already paud by your employer, you are not going to get more money or security from him.

ekianjo 9y ago

many companies encourage employees to buy stock with special rates.

EliRivers 9y ago
If you're really lucky, as I'm sure you well know, you can ever put your pension into the company, and then when Enron goes bust you've got no job, no investments, no pension!
cmpxchg8b 9y ago
Which any wise person would sell immediately to diversify.
- simonh 9y ago
  Sure, but until those options vest you’re still doubly exposed. I’m in this position right now. A fixed amount from my pay goes into buying options which vest in 3 years time. Fortunately I could afford to lose that money if it came down to it, but it’s a real issue and in a worst case scenario that’s money I might need. It’s certainly a consideration.
  - rebuilder 9y ago
    There's a reason you get a discount. Are employees who buy options generally unaware of the risks?
  - wolco 9y ago
    Investing in options that vest in three years. Hopefully you are part of a big stable corporation.
- dash2 9y ago
  That is not necessarily true. As an employee, you may be in a good position to judge whether a firm is likely to succeed, with perspectives not available to the market. This is why markets often react when CEOs buy/sell their own stock.
  - gaius 9y ago
    A CEO is an "insider" in market-speak. Jo(e) Engineer is just a punter like anyone else.
    - morgante 9y ago
      That's not strictly true. Depending on the company, it's very possible for mere engineers to have access to material non-public information. There's a reason many companies impose broad blackout dates on trading.
      - jessaustin 9y ago
        Mere engineers would be prosecuted long before CEOs for the totally-at-Justice-Dept-discretion crime of "insider trading".
    - anigbrowl 9y ago
      That's self-evidently false. Engineers have insight into the internal culture of a firm and how it may differ from public perceptions, not to mention their own opinions on the quality of the back end technology and awareness of future plans or possibilities.
  - Marazan 9y ago
    The average employee would be in a terrible position. Ref: Enron.
  - _ph_ 9y ago
    The advantage of the employee isn't insider knowledge - it would be illegal to deal based on it - but understanding what the company does and which market it works in in the first place. This purely technical knowledge might give investment decisions some better factual support. But
- morgante 9y ago
  You'd be amazed how many people willingly keep large portions of their net worth invested in their employer.