Brookline, MA (PRWEB) October 12, 2011
As corporate layoffs continue across the United States and job growth remains feeble, myStockOptions.com has expanded its educational content on job termination to help the many people with stock compensation who may be losing their jobs. The centerpiece of this expansion is a new article series: Job Loss And Your Stock Grants, occurring in the section Job Events: Termination. In addition, the section has a new interactive quiz on the fate of stock grants in job loss.
The Impact Of Job Loss On Stock Compensation
In addition to the personal upheaval it brings, job loss has an immediate impact on outstanding stock grants, whether restricted stock, stock options, or stock appreciation rights. Employees must know the rules that govern the treatment of stock grants and employee stock purchase plans after job loss to avoid the expiration and irreversible forfeiture of valuable stock compensation. Termination rules are especially important for vested stock options, which expire forever if they are not exercised within a certain brief timeframe after the end of employment. Companies strictly follow these rules and almost never make exceptions. For departing employees, saving as much of their stock compensation gains as possible can make a vital difference during an imminent period of unemployment.
Educational Content To Help
The new article series Job Loss And Your Stock Grants explains typical company rules for stock grants at job loss and spells out the crucial issues to consider when employment is involuntarily terminated. This series joins other insightful articles on job loss, including Negotiating And Structuring Your Stock Compensation (Part 3): Equity Rights When You Terminate Employment by noted stock comp attorney Alisa Baker.
In addition, an interactive quiz on stock grants in job loss is available to let employees test their understanding of the issues before it's too late. The answer key provides links to related content for further instructive reading.
"Whether it is expected or not, job loss is an upheaval that gives people a lot to think about," says Matt Simon, the Editor & Content Manager of myStockOptions.com and the author of the new series. "However, as employees clear off their desks, they shouldn't forget stock compensation. Too many departing employees have lost valuable potential gains because they were unaware of the post-termination rules—or even the vesting dates—of their stock grants."
Along with the new articles and quiz, the FAQs on job termination cover all that departing employees must know to get the most from their stock compensation.
Issues At Hiring
Elsewhere in its general content section Job Events, myStockOptions.com has complementary articles and FAQs about the flip side of job loss: hiring and related job negotiation.
Special Offer For Premium Members Who Lose Their Jobs
myStockOptions.com is committed to stock plan education for employees. To any current or past Premium Members who lose their jobs through a corporate layoff, myStockOptions.com is offering a complimentary renewal of their Premium Membership, giving them continued access to the site's award-winning content and tools. Premium Members in this position need only contact myStockOptions.com (617-734-1979) to take advantage of this offer.
Corporate Licensing Available
All the content on myStockOptions.com is ideally suited for licensing by companies and stock plan providers for their stock plan participants. A customized version of the website's award-winning content can be seamlessly woven into companies' HR, benefits, and/or compensation portals. Accessible through any internet browser, 24 hours a day, 7 days a week, licensed content from myStockOptions.com lets stock plan participants answer their own questions about their stock grants whenever they need to learn more—saving time for the stock plan staff and costs for the company. For more information, visit http://mystockoptions.com or call 617-734-1979.
With exclusive articles, 750+ FAQs, podcasts, the Tax Center, the Learning Center with courses for CE credit, the Global Tax Guide, an extensive glossary, and interactive patented tools, myStockOptions.com is the premier online resource of educational content and tools on stock options, restricted stock, restricted stock units, performance shares, stock appreciation rights, and employee stock purchase plans. myStockOptions.com is written and managed by leading experts in equity compensation, and is produced by a company with a long history of successful publications explaining complex legal and financial subjects in plain English.
The accounting journal CPA Wealth Provider selected myStockOptions.com among companies "that have taken the lead through innovation, efficiency, initiative, or growth in the financial-planning area." The Specialized Information Publishers' Foundation honored MSO Pro with one of its Editorial Excellence Awards in the category of Best Interactive Content among niche publishers. The influential consumer magazine PC World ranks myStockOptions.com among "the most useful sites ever" that "deliver top-notch information, support, and services." myStockOptions.com also has a related site on nonqualified deferred compensation at http://www.myNQDC.com, and the staff created the successful insider trading prevention video series Think Twice, available at http://www.insidertradingvideos.com.
myStockOptions.com has also received extensive favorable coverage in major publications, including BusinessWeek, The Wall Street Journal, The New York Times, the San Francisco Chronicle, and The Boston Globe, and on CNN/fn, National Public Radio, PBS, Money.com, and CBSMarketWatch.com.
For more information, please contact Bruce Brumberg and Matt Simon at 617-734-1979.