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Google Offers Innovative Stock Option Scheme

PreacherTom writes "In a bid to breathe new life into scandal-tainted stock options, Google plans to give employees a novel method of cashing in their options. The search giant will let employees sell their vested stock options to selected financial institutions in an auction marketplace it's setting up with Morgan Stanley. In the last year, employees and employers have been 'punished' by the IRS with new rules requiring options to show up as an expense on the bottom line. This has caused companies to tone down the granting of options. Google's move could once more significantly change compensation for employees in many industries, including tech." The new plan is intended only for Google employees, not executives. Google's motive is not saving money but rather continuing to retain employees with stock incentives in the face of considerable price volatility.

5 of 84 comments (clear)

  1. i can see i t now by jrwr00 · · Score: 0, Offtopic

    if i was a Google employee, i would just give the money i got from the stock, to some Fight the AIDS camplan..

  2. WWOT fP? by Anonymous Coward · · Score: -1, Offtopic
  3. Re:the rich play, the poor pay by Anonymous Coward · · Score: -1, Offtopic

    90% of the wealth of the world is in the hands of %1 of the people. That is OK per se, but the problem is that these fuckers want to take advantage of the advantage they have and thus they destroy earth, the environment, truth, ethics. And they don't care about the next generations, but only about their self, right now.

    You'd do the same of they was you?
    Do they put theirself in your position?

    Unplug the damn thing. Money is the blood that runs in the veis of the beast! The apocalypse is coming! Google is evil!

  4. you i8sen5itive clod! by Anonymous Coward · · Score: -1, Offtopic

    ops 0r any of the

  5. Re:Or, you know... by somersault · · Score: 0, Offtopic

    Ooh, a palindrome ID :o

    --
    which is totally what she said