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by cool_dude85 958 days ago
Presumably IBM invests this money and pockets the difference. What a scheme - your employee retirement plan is actually a profit center. Fucked up that this could be allowed to happen.
1 comments

The financialization of IBM is now complete, as they attempt to make as money off their own employees as possible.
They only offer a 5% discount for their ESPP with no lookback. They've been using employees to prop up share price for quite some time.
ESPP is 15%
It wasn't several years ago, and it was 5% for a very long time. Looks like they raised it last year.