ComputerWorld asked 38,000 employees in the information technology field what they believe is the best benefit of working for their company. The employees all worked for the 100 companies ranked the best places to work for information technology workers.
A February 2006 survey of 90 high-tech companies by Culpepper & Associates shows that 38% of the companies are cutting back on who is eligible for equity-based pay, 3% are expanding eligibility to lower levels, and 59% are keeping their existing penetration.
Richard Neal (D-MA) and Zoe Lofgren (D-CA) in the House and Joseph Lieberman (D-CT) in the Senate have introduced parallel legislation that would curtail the tax on incentive stock options exercised in 2000 and subject to the Alternative Minimum Tax (AMT) in 2001.
The “Employee Ownership, Empowerment, and Expansion Act” (SB0085 and HB0154) has unanimously passed authorizing committees in both houses of the Tennessee General Assembly.
In the past five years, ESOP terminations are running about one-third below their rate in the 1990s. While it is too early to tell if this represents a long-term trend, it also semes unlikely simply to be a statistical fluke.
In testimony on March 26, Secretary of Labor Thomas Perez addressed the House Education and Labor Committee and said that he and the Department of Labor are "huge fans of ESOPs," and that they are "remarkably successful in empowering workers to have ownership." Rep.
