Does ESPP make sense? Most companies deduct a portion from monthly paycheck to accrue over a period and then do the purchase at offering end. During this period of time, most tech stocks would already appreciated anyway to offset the 15% discount. Anyone with me?

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It’s guaranteed with ESPP is my impression

I was about to ask the same...

They haven’t outpaced the 15% discount when you annualize the return and take into account the fact that ESPP contributions are deducted from each paycheck so they aren’t in the program for the whole period except for the initial deduction from the first paycheck.

When I did the math on my company’s ESPP’s annualized return, the return was over 90% on an annual basis.

This makes way more sense than my previous understanding.

I get a 15% discount on whichever is lower between the price at the beginning and end of the offering period. So if the price was $100 at the beginning and $130 at the end, I’d get the stocks for $85 (a 53% gain instead of a 30% gain). And if the price goes down, I get a 15% gain. Is this not how it works in other places?

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