Asked by
Kortni Combs
on Nov 06, 2024
Verified
Unlike stock-option plans, stock-purchase plans:
A) are typically offered to the executives of a firm.
B) are typically offered to all the employees of a firm.
C) lack effectiveness as they are useful only so long as the price of the stock is rising.
D) do not require employees to remain with a company for a specified period of time to be entitled to the stock.
Stock-purchase Plans
programs that allow employees to buy shares of their company's stock, often at a discounted price, as part of their benefits.
Stock-option Plans
An employee benefit scheme that grants the right to buy company stock at a discount or a specified fixed price, often used to attract and retain employees.
- Acquire knowledge of diverse performance-based reward systems and how they are applied within organizations.
Verified Answer
JC
Learning Objectives
- Acquire knowledge of diverse performance-based reward systems and how they are applied within organizations.