Planning to join Synopsys Inc. What is the enrollment date deadline for ESPP enrollment?
- AppDynamics / Eng aGCk73moreWeird u post this on Blind. You should ask your recruiter.
- There is 10% AND 15k per year limit on Espp. With stocks at all time high, I doubt if you would make much money whether u miss or meet the February boat. I'm mentioning this so that you are aware of it and can focus your energy on where it makes most bang for the buck in your negotiations.
- The espp was a great benefit because the stock price more than doubled in last 2 years. However if we are at all-time high and can only go down, then the scope of making a lot of money is tiny. If we go by conservative 15% return on 7500 (max allowed per 6 month) , then u make around 560 dollars gain after 50% tax in California. If ur total comp is 150k, it's 0.37%. so do not drive to join early to hit the espp window if by delaying the joining or by extending the negotiation you can get more than 0.37% of higher salary.
- I am sorry, some of the calculation above is not right because on one of the two sides that I'm comparing I am taking after-tax income and in the other I am taking before-tax income. So the numbers above are not fully accurate but they are in the right ballpark