New NCEO Survey Shows ESPPs Will Persist, But Often with Modifications

As reported in this column on May 10, a new NCEO survey shows that most companies are not, as has been widely predicted, about to terminate their employee stock purchase plans (ESPPs). Of 117 respondents, 26 companies will or might modify their plans. Of these 26, 15 plan to or might change the look-back period, while 12 will or may discontinue it. Twelve will or might change the discount, and 8 more will or might reduce it. Finally, 12 said they will or might modify the offering period. Other changes were less common.

The findings are based on a new NCEO survey on ESPPs, available at $25 for members and $35 for non-members.