Should You Participate In Your Company's Employee Stock Purchase Plan (ESPP)?
kylehurley.substack.com
If you work for a public company, you may be offered an opportunity to participate in an employee stock purchase plan (ESPP). These plans offer employees an opportunity to buy company stock at a discount, typically around 15%. How Do ESPPs Work? ESPPs operate by deducting after-tax contributions from your paycheck, which are then used to purchase company stock at a discount. You can choose to contribute anywhere from 1% to 15% of your salary through payroll deductions. There are usually two enrollment periods each year, spanning six months, during which you decide how if and how much to contribute.
Should You Participate In Your Company's Employee Stock Purchase Plan (ESPP)?
Should You Participate In Your Company's…
Should You Participate In Your Company's Employee Stock Purchase Plan (ESPP)?
If you work for a public company, you may be offered an opportunity to participate in an employee stock purchase plan (ESPP). These plans offer employees an opportunity to buy company stock at a discount, typically around 15%. How Do ESPPs Work? ESPPs operate by deducting after-tax contributions from your paycheck, which are then used to purchase company stock at a discount. You can choose to contribute anywhere from 1% to 15% of your salary through payroll deductions. There are usually two enrollment periods each year, spanning six months, during which you decide how if and how much to contribute.