Companies Adjust Stock Options After Shares Fall - NYTimes.com
Companies Adjust Stock Options After Shares Fall - NYTimes.com:
"The moves are usually described as important for retaining employees, especially as stock options that vest over several years look utterly worthless in the current market."
Can anyone explain to me how this is not just plain theft? Regular paychecks and your reputation should be your motivators right now. I'm sure that any of these companies can find qualified people that will work for far less. I guarantee if you can't find a CEO at Kellogg or Wharton class of 2009 you're not looking hard enough.
"The moves are usually described as important for retaining employees, especially as stock options that vest over several years look utterly worthless in the current market."
Can anyone explain to me how this is not just plain theft? Regular paychecks and your reputation should be your motivators right now. I'm sure that any of these companies can find qualified people that will work for far less. I guarantee if you can't find a CEO at Kellogg or Wharton class of 2009 you're not looking hard enough.
posted by Spud at 9:17 AM
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