The Entrepreneur's Guide to Equity Compensation [Paperback]

Ronald Bernstein (Author), David Binns (Author), Cyndy Payne (Author), Peggy Walkush (Editor), Debra Sherman (Editor)

Book Description

ISBN-10: 0966407717 | ISBN-13: 978-0966407716 | Publication Date: June 1998 | Edition: 2

Provides practical knowledge and a comprehensive overview of equity sharing including performance-based methods such as incentive and non-qualified stock options, stock bonus programs, deferred compensation and simulated equity; broad-based methods such as 401(k) and stock purchase programs; and leveraged ESOPs. Relates plan design to company objectives, explains tax and accounting implications, and discusses critical issues such as dilution of ownership, stock pricing, SEC registration, liquidity and employee communications.

Editorial Reviews

About the Author

Ron Bernstein is associate director of the Foundation for Enterprise Development, a non-profit organization formed to promote the benefits of entrepreneurial employee ownership worldwide. Bernstein has counseled hundreds of companies in all stages of development on structuring employee ownership programs that meet their corporate objectives and equity sharing goals. Prior to joining the Foundation, Bernstein worked for Science Applications International Corporation (SAIC), one of the largest employee-owned firms in the United States where he was involved in tax compliance. As manager of SAIC's retirement programs, Bernstein oversaw the company's profit sharing, 401(k) and ESOP programs.

David Binns is associate director of the Foundation for Enterprise Development. A published author and frequent speaker on issues related to employee ownership and enterprise development, Binns has consulted with a variety of companies, both domestic and international, on the legal, financial and human resource implications of the structure and implementation of employee ownership plans. From 1984 to 1991, he served as executive director of The ESOP Association where he directed the Association's programs including government and public relations, publications, conferences and membership services. He is also the editor of the 1996 Employee Stock Ownership Plan Yearbook.

The Foundation for Enterprise Development is a private, non-profit foundation which promotes enterprise development through the application of employee ownership and participation programs. With offices in La Jolla, CA and Washington, DC, the Foundation provides a variety of consulting, information and

advisory services on employee ownership issues to a broad spectrum of U.S. and international corporations and organizations.

Product Details

• Paperback: 80 pages
• Publisher: Foundation for Enterprise; 2 edition (June 1998)
• ISBN-10: 0966407717
• ISBN-13: 978-0966407716
• Product Dimensions: 11.1 x 8.4 x 0.2 inches
• Shipping Weight: 9.6 ounces
• Average Customer Review: 4.0 out of 5 stars  See all reviews (4 customer reviews)
• Amazon Best Sellers Rank: #6,553,032 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

12 of 12 people found the following review helpful:

5.0 out of 5 stars An easy to understand reference for equity sharing, December 10, 1998

By A Customer

This review is from: The Entrepreneur's Guide to Equity Compensation (Paperback)

This book gave me an excellent overview of ways to share equity with my employees. After reading the book in one evening, I felt I had a good grasp on all of the plans. It gave a great overview of stock options, 401(K)'s, ESOP's, Stock Purchase Plans, Stock bonuses, and Phantom Stock and detailed the tax and accounting consequences of plan implementation in lamens english.

I was amazed I could implement all of these equity sharing methods even though I am a privately held company.

The book still sits on my desk as a reference.

13 of 14 people found the following review helpful:

5.0 out of 5 stars This is the best work of its kind on the subject., August 23, 1999

By A Customer

This review is from: The Entrepreneur's Guide to Equity Compensation (Paperback)

I have used the Entrepreneur's Guide for several years. It is an excellent tool - comprehensive yet easy to understand and logically organized. It presents a very complex area in a clear fashion that goes a long way to helping the interested person decide on a general approach to equity compensation that will fit their needs and help reach their goals for a very reasonable cost. I recommend it to anyone considering exploring an equity compensation strategy of any kind.

4 of 5 people found the following review helpful:

5.0 out of 5 stars A good practical overview of how stock compensation works, July 27, 1999

By A Customer

This review is from: The Entrepreneur's Guide to Equity Compensation (Paperback)

I found this quite useful as a concise reference to the legal and tax implications of various forms of stock compensation.