Taking stock of corporate stock plan benefits in the workplace
Most companies view stock plans as an important tool to motivate and reward workers at all levels, according to a recent Charles Schwab study.
Schwab surveyed 200 corporate stock plan decision-makers from companies around the country and across a broad range of industries about the role of stock plans in the workplace and their perceptions of stock plan features and benefits.
Key findings include:
- Benefits and Offerings: Despite market uncertainty, a majority of companies surveyed say they are offering the same or even more stock plan benefits to their employees since Fall 2008. And these benefits are not just for senior-level employees. Half of participating companies now offer performance shares to manager-level employees.
- Education: As companies offer more types of stock plan awards to a wider group of employees, the need for more comprehensive stock plan education is greater than ever.
For additional information, see the Press Release and Complete Report.
"Our survey shows that companies are continuing to employ and expand different types of stock plan programs to reward employees across the company, largely as a motivational tool to build loyalty among existing employees."
— Larry Bohrer, a vice president with Charles Schwab Stock Plan Services.
About the Study
In September 2009, Koski Research conducted an online survey and gathered a total of 200 responses from stock plan decision-makers at public companies ranging from $25 million to more than $50 billion in revenue. Respondents work for companies in a broad cross-section of industries, with the financial services, manufacturing and technology industries particularly well represented.
About Charles Schwab Stock Plan Services
Charles Schwab Stock Plan Services works with corporate clients to provide solutions for stock option, restricted stock and employee stock purchase plans, with a choice of full or partial plan administration. Schwab offers expert guidance for clients' employees, plus the technology to deliver benefits services efficiently. In addition, Schwab offers personal assistance to help executives manage complex equity compensation packages.
