With a 5% discount and no look back provision, the Hologic ESPP fell out of favor with employees.
FORBES: Employee Stock Purchase Plans Are Making A Comeback
The new Hologic ESPP boasts a 15% discount rate and a 6-month offering period with a look back provision.
Hologic, like many employers, had moved to a safe harbor ESPP with reduced benefits after accounting rule changes in 2006 required companies to recognize a compensation expense for ESPPs.
Does your employer offer an ESPP?
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