美国高科技公司股票期权激励计划经验与启示

An Experience Study on the Stock Option Incentive Plan of American Hi-tech Companies

股票期权激励已经成为美国高科技公司员工激励不可缺少的一部分,也是目前我国企业进行员工激励和薪酬改革的一个方向。本文通过分析美国国家员工所有权中心等机构对于股票期权激励计划的调查,分析美国高科技公司现行股票期权激励计划的目的和对象、股票期权类型和期权比例、等待期和有效期、期权定价及再定价、宣传方式等内容,总结美国高科技公司股票期权激励计划的经验,以此对国内高科技公司开展股票期权激励提供一定的借鉴。

The stock option incentive plan is a basic plan for American hi-tech companies to incent their employees, which is also a direction for domestic hi-tech companies' employee incentive plan and remuneration reform. In America, there is a relative complete system for hi-tech companies to formulating and operating the stock option incentive plan. Thus, the paper compares and analyses several investigations of American National Committee of Employee Ownershipand some other investigation institute, and analyses the aims, targets, stock option type and proportion, overhang and vesting schedule, pricing and repricing, and communication of stock option incentive plan in American hi-tech companies. The paper summarizes the successful experience, and gives some reference for domestic hi-tech companies.