Employee Stock Options?

Posted by Cliff on Tuesday November 9, 2004 @12:35PM from the are-these-worth-anything-in-today's-economy dept.

Evil Butters asks: "ComputerWorld has an interesting article regarding the decline of Employee Stock Options. Long gone are the days when companies would pass out stock options like toilet paper (as you were lucky if it was worth as much). Since most of us are probably in IT related fields, is anyone seeing any turn-around in compensation packages -- especially for IT folk? Everywhere I look, companies are still cutting back and finding reasons why compensation does not need to be increased (except for CEO's of course) no matter what your performance is like. But according to the article, 54% of the top S&P 250 companies are (at least) using restricted stock as performance perks, etc."

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Re:I think the problem is... by g0hare · 2004-11-09 13:32 · Score: 0, Flamebait

Buy all your food on credit cards. Cancel your insurance. Have a good time. Take trips. Work on your house. If anything happens really bad like cancer, sign all the forms promising to pay, they'll fix you up. Then you declare bankruptcy (don't ever pay your home off, if you do then they can take that from you). You are now scott free, with all the equity in your home, no credit card debt, and the world is great. I Am Not A Lawyer

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