In anticipation of new regulations that will require companies to expense employee stock purchase plans, more than a third of companies surveyed plan to change their ESPPs now, according to human resources outsourcing and consulting firm Hewitt Associates.
Among 143 U.S. companies with median revenues of $3.2 billion surveyed, 20 percent expect to either eliminate or reduce the look-back period, 10 percent plan to reduce the discount offered (going from 15 percent to 5 percent, on average) and 10 percent intend to discontinue the plans altogether, Hewitt said.
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