For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter.
Most Companies Putting Stock in Options: Survey
WorldatWork reported that out of the more than 2,800 companies polled, 57.8% continue using stock-based compensation – up from the 55.9% in 2001.
Interestingly enough, while the application of options as a benefit was relatively uniform across all regions, the central region was noticeably lower. Still, that region reflected a 57.3% utilization. Among other regions:
- Eastern Region – 62.9%
- Southern Region – 63.9%
- Western Region — 62.5%
WorldatWork said the stock option programs increasingly include a performance component saying an employee won’t receive the options unless his work is deemed up to snuff.
About a third of respondents said moving to this performance-based options award was their biggest options change, WorldatWork said.