STUDY SAYS TECH FIRMS SLASH OPTION GRANTS: The high-tech industry has decreased its use of broad-based stock option grants by approximately 15 percent to 20 percent, according to two studies by Mellon Financial Corp.’s Human Resources & Investor Solutions business.

“These findings are among the first empirical evidence of this trend, and confirm what we’ve been seeing in our work with high-tech firms,” said Ted Buyniski, a Mellon principal and compensation high-tech industry leader. “Companies are quickly reacting to shareholder pressure to cut equity grants in anticipation of expensing.”

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