Dave Benjamin
an over 40 victim of fate
- Joined
- Jun 12, 2003
- Posts
- 1,040
viper548 said:SKYW also has the employee stock purchase program
Equates to about a guaranteed 15% return on investment on 15% of your income if you max it out, right?
So for every grand you make 150 is deferred. For that 150 you're guaranteed 172.50. I was never a math whiz but assuming you max out the contribution and the stock remained flat you'd earn an extra 2.25% of income. It's free money. The last stock buy offered about a 60%+ return for those who hung on to their shares for a few weeks. That's a 24% compensation increase before you get dinged for capital gains.