Administration March 11, 2002
Silicon Valley Awash in Stock Options
November 27, 2000 (PLANSPONSOR.com) - Nearly a third
of the households in Silicon Valley have stock options,
compared with just 3%-5% in the rest of the country,
according to a new Gallup study.
Reported by Nevin E. Adams
The survey found that nearly one out of three households in Santa Clara County has stock options, along with 23% in San Mateo, 21% in San Francisco and 15% each in Alameda and Contra Costa counties, according to the San Jose Mercury News.
The results contrast sharply with a recent national survey by the Bureau of Labor Statistics that publicly held companies issued stock options to just 5.3% of their employees last year.
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