Shire ESPP benefit

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In an effort to retain employees and stop the mass exodus of talent that has plagued Shire these last two years the company is instituting a new "kicker" option this year. Once the stock year ends and depending on the rate of return, Shire employees will be given the option to forfeit their shares to buy out KK and "kick" her tired ass out of our once great company. Once the transaction is complete, contributing employees will then be granted to opportunity to repurchase their shares back and sell at an obvious large profit since the stock price will climb in a matter of minutes after the news of KK's departure becomes public.

This will be a stock swap of epic proportions. Vote YES on your proxy form this year under the line item "Kicker for kicking Kobe to the curb"
 
























The ESPP is not purchased monthly. Your contributions go into a non-interest bearing account. At the end of enrollment, the shares are purchased at the lowest price of two points (first point = start of period, second point = end of period). So if the stock started at 100 and went down to 80 by the end of period the buy-in is at 80 less the 15 percent discount. If the stock started at 80 and went up to 100 your shares are still purchased at 80 less the 15% percent discount.
 






anonymous said:
The ESPP is not purchased monthly. Your contributions go into a non-interest bearing account. At the end of enrollment, the shares are purchased at the lowest price of two points (first point = start of period, second point = end of period). So if the stock started at 100 and went down to 80 by the end of period the buy-in is at 80 less the 15 percent discount. If the stock started at 80 and went up to 100 your shares are still purchased at 80 less the 15% percent discount.
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How long is the period? Quarterly? Also is there a max amount of your salary that you can contribute to the ESPP? Thanks!
 










































Ask yourself if Shire is a company you want to own stock in.
You already work here.
The stock only pays a dividend twice a year.
Do you really believe in this company and what they do?
Would you still want the stock if you didn't work here and get it at a discount?
It's a very expensive stock at over $100 per share. What if it crashes and you lose money?
 






anonymous said:
Ask yourself if Shire is a company you want to own stock in.
You already work here.
The stock only pays a dividend twice a year.
Do you really believe in this company and what they do?
Would you still want the stock if you didn't work here and get it at a discount?
It's a very expensive stock at over $100 per share. What if it crashes and you lose money?
Click to expand...
 






anonymous said:
Ask yourself if Shire is a company you want to own stock in.
You already work here.
The stock only pays a dividend twice a year.
Do you really believe in this company and what they do?
Would you still want the stock if you didn't work here and get it at a discount?
It's a very expensive stock at over $100 per share. What if it crashes and you lose money?
Click to expand...

You clearly aren't a Shire employee, as your post proves you know nothing about the ESPP.
 






anonymous said:
how can it be annual? People don't even stay here a full year.
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Just because some people choose to leave within a year, that doesn't mean everyone does. I was SHOCKED to see and talk to reps at NSM that have been here for 10+ years - some for 19 and 20 years and they weren't total douche bags either that no other company would try to recruit. Yeah, it must really suck here.
 






anonymous said:
Just because some people choose to leave within a year, that doesn't mean everyone does. I was SHOCKED to see and talk to reps at NSM that have been here for 10+ years - some for 19 and 20 years and they weren't total douche bags either that no other company would try to recruit. Yeah, it must really suck here.
Click to expand...
yes there are some long-term employees. But, what is the average tenure here - not just for reps but for all employees?
 






anonymous said:
Just because some people choose to leave within a year, that doesn't mean everyone does. I was SHOCKED to see and talk to reps at NSM that have been here for 10+ years - some for 19 and 20 years and they weren't total douche bags either that no other company would try to recruit. Yeah, it must really suck here.
Click to expand...
Many reasons: comfort, complacency, they have the system rigged. But one thing I am confident about, ask them how they rate the leadership and overall company compared to five or so years ago. Post back what you hear.
 






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