Stock options

Shell Chemicals Europe Magazine No.4, Nov. 1995, p.20-3 STOCK OPTION Mader F Mennicken T... 

The average wage of the nonsalaried laborers can be obtained from Chemical Week s annual plant site issue (see references for Chapter 2) or the U. S. Department of Labor. This average wage does not include retirement benefits, social security, workman s compensation, company health insurance contributions, stock options, holidays and vacations, and other fringe benefits. These benefits... 

My problem was that the company now expected me to somehow validate the efficiency curves. They were perhaps overly sensitive about possible legal complications, such as, if the customer demands to see a working board to reaffirm the datasheet, and there happens to be none. Quite like stock options with no dates to back them up. 

Within these examples are unethical acts, coercion, conflicts of interest, and misrepresen-tahon. Conflicts of inferest are not limited to the rewards and stock options of investigators they involve the entire research endeavor. Recently, financial conflicts of interest in medical research along with widely publicized episodes of scienhfic misconduct have been brought to the public s attention. In some episodes, researchers have been accused of falsifying or fabricahng research data on therapeutic products in which they had substantial financial inferesfs. There have now been many steps taken to keep such actions from occurring. 

In file traditional sense of the word, today s engineer is more likely to find him or herself as part of a startup, replete with 13-hour workdays, a Blackberry, and stock options. But even when today s engineer works in more traditional settings, he or she is likely to find that both the job itself and effective career management require a more venturesome attitude and approach. Increased competition places enormous pressure on companies to continue to improve and... 

The company offers its employees stock options a 401 (k) plan medical, dental and vision insurance life and AD D insurance short- and long-term disability insurance flexible spending accounts and tuition reimbursement. 

Nanosys offers its employees a comprehensive health plan, basic life insurance, AD D, flexible time off, an employee referral program and stock options. 

The company offers its employees health and dental insurance a 401 (k) plan life and disability insurance an employee stock purchase plan stock options and education assistance. 

The company offers its employees medical, dental and vision insurance educational assistance an employee assistance program access to a credit union stock options retirement benefits flexible spending accounts life and accident insurance long-term disability insurance and a wellness program. 

In a number of cases, transactions led to an agreement between the heads of companies that had stock options and were eager to make a profit, and the potential buyers. This was how Celanese, an able and well-diversified company that had the means to retain its independence and competitiveness with regard to any major company, was acquired by Hoechst following a transaction that was satisfactory both to the German buyer and to the shareholders of the American group, at least for the time being. 

The company offers employee benefits including medical, dental and vision insurance a 401K plan stock options and bonuses. 

Innophos offers its employees benefits including medical coverage a 401 (k) plan with company contributions life and disability insurance a stock options incentive plan various wellness programs and an employee assistance program. 

Wintershall offers employees mentoring, professional development, career advancement and reintegration programs child care assistance flexible working hours legal assistance and a stock option plan established by BASF. 

A onetime administrative assistant has stock options that will expire at the end of the year. I might as well throw them out, she jokes bleakly, staring at herself in the ladies room mirror. 

Variable pay is the porhon of an employee s pay that is considered at risk. Typically, this depends on some level of performance. Examples include commission, discretionary bonuses, management by objechves (MBO), and target bonuses. Incenhve pay includes stock options, restricted stock awards, venture parhcipahon, and phantom stock grants (stock appreciahon... 

Authors do not give investment advice and do not own a single stock in Biotech or the Pharma Industry, except some unrealized stock options and possibly via mutual funds. While the authors have made reasonable efforts to ensure the accuracy of the information herein, readers are advised to check other sources before acting on any of the information herein. 

The third reason why management is increasingly focusing on shareholder wealth creation is that its own income has become more linked to share price development, for example, through the use of stock options (Fig. 2.2). 

Second in importance only to salary are the financial benefits of employment in the pharmaceutical industry, especially within the largest firms. Detailed in Chapter 8, these benefits include insurance, pensions, 401k accoimts, profit-sharing arrangements, and company stock option and stock purchase plans. Other gains from industrial employment are not only monetary but social. 

Never before the Internet arrived was such valuable corporate employment information made so abundantly and easily available to job seekers. (Even chemists who do not own computers or subscribe to Internet services can use the hardware, software, and services furnished by free public libraries.) Now, a growing number of pharmaceutical firms maintain richly detailed Web sites. The Internet addresses of nearly 400 companies and institutions that placed chemist-wanted advertisements during 1997-1999 appear in Appendix B. A great many of these sites devote one or more pages to employment opportunities where job seekers can expect to find information on a variety of related topics. The subjects include application guidelines, job banks and lines, employee benefits, and the pharmaceutical businesses in which the company engages. PerSeptive Biosystems and Protein Design Labs state on their Web sites the salaries they offer to chemists. Whether employees receive stock options or may purchase discounted company stock is disclosed on some corporate Web sites. 

Defined-contribution pension schemes take three main forms, which are 401k, profit-sharing, and money-purchase plans. Some employers supplement them with defined benefit plans, employee stock purchase plans, or stock options. 

Ellin, A. When the glitter of stock options turns to dust, The New York Times, August 22, BulO (1999). 

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