Thread: ESOP United
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Old 05-16-2020 | 11:05 PM
  #20  
Andy
Gets Weekends Off
 
Joined: Mar 2006
Posts: 5,213
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From: guppy CA
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Originally Posted by The stillest
we got to purchase the stock at a 15% discount off market prices

The stock went up in price for the 6mo period? You made more than 15%. CAL during the late 90’s until they ended the ESPP enjoyed a decent run.

I’m not sure why you’re so openly hostile to something that actually happened for a lot of people.
The subject was ESOP, not whatever ESPP was. And I'd rather have the 15% in wages rather than gambling on the stock price staying stable/going up.

The short of it is that management would place a value on your ESPP idea, and their value would likely be a higher value than what they'd pay us in higher wages.