ESPP

Qualcomm / Eng
ffsI54

Go to company page Qualcomm Eng

ffsI54
Sep 29, 2016 77 Comments

Different esp plans in hardware companies

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TOP 77 Comments
  • HPE
    FqkC05

    Go to company page HPE

    FqkC05
    The key to keep in mind for ESPP is to make sure you get at least a 16% discount or it's not really worth it. The ability to purchase stock at the low end over a period of 6 or 12 months helps, but even if you hold the stock for more than 365 days, you still have to pay capital gains on the sale which is currently 15%. That may change under Clinton as only wealthy people purchase stocks and only the extra discount mentioned previously can get you back to even if you do need to sell. I've worked for companies that offered the 15% discount and I would participate, then again, I've worked at places were a discount was not offered and I did not participate. Make sure you understand the rules that come into play when you decide to sell before you participate. Best of luck!
    Nov 8, 2016 2
    • Nvidia
      WqHT31

      Go to company page Nvidia

      WqHT31
      This is wrong. Capital gains tax is only applicable to any gains over the purchase price. If you are offered 15% discount on $100, you purchase at $85. If you sell after two years for any profit, let's say $120, you pay ($120 - $85) * 15% = $5.25 per share.
      Nov 16, 2016
    • HP
      bobbington

      Go to company page HP

      bobbington
      you also pay income tax on the difference between your buy price and the real price. however, the replier above is correct about cap gains tax only being on growth and the original responder being wrong.
      Jul 25, 2017
  • 30% max contribution, 15% discount, 2 year lock in. I did not missstype: 30%!
    Apr 18, 2017 2
  • Quarterly, 10% discount, 15% max
    Sep 30, 2016 1
  • Nvidia
    PMaE77

    Go to company page Nvidia

    PMaE77
    Nvidia has no bonus. ESPP 2 year locked plan supposed to work as bonus
    Sep 29, 2016 0
  • Oracle
    fBUi16

    Go to company page Oracle

    fBUi16
    Oracle is same as HP...really bad
    Dec 23, 2016 1