September 28, 2015
In this issue:
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From the SOS Webcast Archive-
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Year-end Will Be Here Before You Know It...Are You Ready?
Don’t be fooled by the calendar, year-end is fast approaching and the work will be piling up and the panic will be setting in. Creating a checklist can help you keep on track over the coming months as you juggle your “day job” and complete all those year-end tasks.
Julie Kenia, CEP, Senior Equity Compensation Consultant
Stock & Option Solutions, Inc.
Julie joined the team at Stock & Option Solutions, Inc. (SOS) in 2006 and has been assisting clients with an extensive array of projects including stock option exchanges and repricings, data clean up and conversions, vendor searches, 6039 compliance, stock plan best practice reviews, training, day-to-day administration, and accounting related reconciliations. Julie became a Certified Equity Professional in 2008 and is a member of the strategic solutions group at SOS.
Succeeding with Succession Planning
In any career, it seems one of the most neglected areas in planning for the future is planning for when you leave your job. Whether you accumulate substantial wealth from your well-designed equity compensation plans and you retire to Bora Bora, receive that well-deserved promotion, or you are simply are changing career paths, you should add succession planning to your priority list. While succession planning is generally considered to be grooming your replacement from an internal pool of candidates, some of the pointers in this article apply to looking outside the company for your next stock plan professional instead.
Product Spotlight: Stock Plan Participant Portal
Our customizable portal can be seamlessly integrated with your stock plan database and into your communications structure/intranet to give your participants 24/7 access to all their equity compensation information
(Click Image for Demo)
By utilizing SOS's state-of-the art technology, your company will save time, money, and provide excellent customer service to your employees worldwide.
SOS Stock Plan Participant Portal Features and Benefits:
Many companies are looking to deliver 6039-related forms 3921 & 3922 electronically. With the SOS Participant Portal, you can generate these forms and display them on the website, AND you can also utilize the built-in Consent Module to obtain the necessary permission to do so.
Consent Module Features
SOS Online Demo
Julie Kenia shows us how to move through an end of quarter function in Excel. You should master this.
SOS is heading to the 23rd Annual NASPP Conference in sunny San Diego October 27-30, 2015!
SOS Presenters: SOS's Elizabeth Dodge and Julie Kenia are our subject matter experts attending this year's conference and will be presenting throughout the conference. Don't miss the Keynote: Family Feud: NASPP Style, Elizabeth Dodge also will be presenting in that exciting session! See the agenda.
Ask the Experts Booth: Elizabeth Dodge will be answering your burning questions as they relate to accounting and Excel on Thursday, 10/29 from 9:45 am-10:30 am during the morning break.
Expert in the SOS booth: Julie Kenia will be available for questions as they relate to conversions and implementations and spin-offs during the afternoon break on 10/28 & 10/29.
Free SOS Educational Webcast:
Extreme Makeover: ESPP Edition
The humble ESPP is enjoying a resurgence of interest. But, has your plan kept up with the current fashion, or is it starting to look a little dated? While not as radical as the TV makeovers, this session provides a host of ideas for your ESPP. Whether your plan needs just a touch up, or a whole new look, this panel identifies a wide range of ESPP design fixes, focusing on the potential effect on participation, the possible impact to your administration, and the likely accounting cost. Getting the right look for your plan will help you leverage your ESPP as an important mechanism for attracting and retaining talent in a market that is increasingly competitive. By mixing and matching, you can find a whole new look for your plan, that fits just right in your budget.
SOS Xtra needs your news!
Know anyone in our equity comp industry who's taken a new job? Anyone expecting an addition to the family? Anyone moving, getting married, releasing a new product, rolling out a new program, etc.?
Please send over any ideas/thoughts you have to firstname.lastname@example.org, we're happy to track down the person/company to confirm the news and get their acceptance to include it in Xtra. (All news is reviewed and approved by the person and/or company involved.)
...tender tidbits about people and players in our industry...
A new routine…Kelly Geerts is now the Practice Leader, Advanced Data Solutions at E*TRADE Corporate Services. Paz Dizon is the new Head of Stock Administration at Jazz Pharmaceuticals. Sheila Matias is now working as the Senior Manager, Global Equity Administration at The Coca-Cola Company.
|Information provided in this newsletter is designed for educational and entertainment purposes only and is not provided as professional service or advice. Moreover, this newsletter should not be relied on as legal, accounting, auditing, or tax advice. Anyone reading this newsletter should not act upon this information without seeking professional counsel and/or input from their advisors. The preceding information does not necessarily represent the official views of Stock & Option Solutions, Inc. with respect to any of the issues addressed.
Stock & Option Solutions | (888)SOS-0199
SOS Xtra Editor: Shawna Casey