2020 Equity Compensation Plan Participant Survey
Employees with company stock plans welcome financial advice as COVID-19 drives participants to exercise or sell shares.
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Key findings
- Equity compensation is increasingly important for attracting and retaining talent, especially Millennials.
- Of those who recently exercised or sold equity compensation, two-thirds (67%) were influenced by the market volatility and economic downturn related to the pandemic.
- Almost two in five (39%) survey respondents say that they are more likely to need financial advice due to the pandemic.
About the survey
This online survey of equity compensation participants was conducted by Logica Research for Schwab Stock Plan Services. Logica is neither affiliated with, nor employed by, Schwab Stock Plan Services. All data is self-reported by survey participants and is not verified or validated. Respondents participated in the survey between July 26 and August 6, 2020. Follow Schwab Stock Plan Services on LinkedIn for additional information.
Media Contact: Mike Peterson
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Schwab Stock Plan Services provides equity compensation plan services and other financial services to corporations and employees through Charles Schwab & Co., Inc. (“Schwab”). Schwab, a registered broker-dealer, offers brokerage and custody services to its customers.
Through its operating subsidiaries, The Charles Schwab Corporation (NYSE: SCHW) provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, www.sipc.org), and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; compliance and trade monitoring solutions; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services. Its banking subsidiary, Charles Schwab Bank, SSB (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at www.schwab.com and www.aboutschwab.com