Employee compensation packages can be as unique as the company offering them. For millions of Americans, compensation includes employer stock benefits. Stock compensation benefit packages can often be used to promote key employee retention and to attract new talent while incentivizing employee performance. The better the company performs, the more likely the employee is to have a big payday down the road.
And yet it’s not that simple. These employer stock benefit packages can be complicated and nuanced. If you’re considering accepting a job offer with these type of offerings or have recently received a stock award at work, it is worth a conversation to ensure you understand the ins and outs of the plan and how to optimize this benefit.
Minneapolis St. Paul Business Journal recently published some thoughts compiled by JNBA Financial Advisors on this very topic. Want to learn more about maximizing employer stock compensation benefits? Click here to read the full article.
And, as always, if you have questions or need anything, please do not hesitate to contact your JNBA Advisory Team.
Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from JNBA Financial Advisors, LLC.
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