While fiserv gutted the employee stock purchase program, what they kept is restricted stock for your bosses. Restricted stock(RSU’s) are shares that they receive that cost them 0 to execute. Meaning their discount is 100%. Free shares to the bosses. They vest late February ever year. Typical payouts are 6 figures. The more you know
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Don't forget they will be laid off in 1.9 years. Right before they would vest.
What you are saying is 11% of the associates at Fiserv might get stock options that they wont be able to touch for almost 2 years due to vesting time. The amount would be more-or-less a nominal joke.
In the new Fiserv many more assocIates over 5,000 WHO PREVIOUSLY WORKED FOR OFSV WILL get restricted stock that used to get squat at OFSV. SO AGAIN ANOTHER post with no basis in fact.
We do appreciate you donating your stock discounts so we can fuel our boats
I see great potential here for screwing hard working Fiserv employees. "The rich get rich and the poor get children. In the meantime - in between time - ain't we got fun"
Another example of the company screwing its hard working employees, and it is only getting worse.