21.3 Equity Choice Plans in Times of Uncertainty
Who doesn't love a choice? As COVID-19 has wreaked havoc on the world in 2020, now it’s more important than ever for companies to provide their employees with flexibility, and when it comes to equity compensation, choice plans can go a long way in this regard. Empowering executives to select the makeup of their long-term incentive plans can be a great idea. Join this session to explore the growing trend of offering choice, including the mechanics of allowing choice, attending to certain design considerations in light of higher market volatility and a desire to “shock-proof” equity compensation plans, meeting the need for increased education and modeling tools, and mitigating the accompanying risks. When done right, employee choice plans can provide a new twist on an old favorite. But choice can also be risky. The panel will also explore the potential pitfalls of choice plans to help you make an informed decision. Sharing the details of their choice plans, this experienced panel will make sure you leave knowing what they wished they knew when the plan launched! A good understanding of the pros and cons will help you decide if these plans are right for your company and how to be successful with your rollout.
, Equity Methods (US)
, Fidelity (US)
, Nike (US)
CPE Credit: 1.0
Field of Study: Specialized Knowledge
Level: I, II, III