Should I do the IPG employee stock plan? Anyone else do this? Don’t even know if it’s a good stock or not

like
Posting as :
works at
You are currently posting as works at

Other answers here are not correct. I was at IPG for six years and LOVED the plan. There are no restrictions on how long you have to hold stock - I immediately sold mine as soon as I got it every time.

You make a minimum 10% gain each time you sell if you do it immediately - the stock is distributed quarterly and the cost basis is the lesser of the price at the beginning or end of the quarter. If the stock goes up (as happened to me one quarter) you can do really well.

It's basically free money if you don't mind not having access to it until the end of the quarter. Do it.

like

I looked at it. Though it's a decent deal the price has been pretty steady over the years with barely any fluctuation so unless you plan on keeping it for a long time it may be worth investing that money elsewhere.

It’s ok. The share cost is pretty steady and you get a little break on the price. But just know that you have to hold the stock for a long, long time before you can sell it. Like a year or two, I forget exactly. I just pulled out my last few dozen shares. Basically, it’s good if you want to put away money that you can’t touch, so consider it long term savings.

Related Posts

like

Building out private investment platform for a growing company. Where can I find example docs of allocation policies, expense policies, etc. in order to create my own? Are there any good resources?

like

My fiancé and I both have the CSR card and Freedom Unlimited combo and love them. We are thinking of adding another card and we were considering the Amex Platinum (to diversity transfer partners) or likely a United card for lounge access since we live in Chicago.

Does anyone else have both CSR and Amex Platinum? Would you recommend?

like

May be this is off the topic..
One of my friend who is a doctor & is an international med graduate. He passed his United States Medical Licensing Exams with above average scores. He has applied fr the match last yr & was nt able to match. Match process costs around USD10k; this year he is applying again after borrowing funds frm different sources bt he is under tremendous pressure to get match. I feel his pain as he has studied for 10+ yrs and is struggling to match nw. I m nt sure hw I can help

like

Currently single with no major financial obligations (no debt, no car, etc.). I feel like I make decent money ($225k) but somehow can’t seem to save at all. Anyone else feel like this?

likefunnyuplifting

Hi guys! Looking to learn about real estate investing! I am a senior in college graduating with a degree in finance so I understand certain aspects, but am looking to learn more on my own about real estate specifically!

What books would you recommend I read?

like

I had no income in India and was in US the entire year. Do I need to file IT return with 0 income?

like

I joined KGS 4 months back. I am taking home loan now. Do I need to inform about my home loan to any one in our company? Any one please help me with this query? Infosys KPMG Tata Consultancy Accenture PwC Wipro EY Cognizant

like

Any recommendations for best balance transfer card? Like zero APR for 15-18 months and no fee? Also nice to have points or cash bonus

like

Looking to put 10k into ibonds (maybe another 10k next year but not sure yet). Is treasury site easy enough to use? I initially stayed away because I heard it's awful but if set up is doable then I'll reconsider.

Also, should you have a separate emergency fund until you can withdraw your ibonds? Can't withdraw if you have an emergency in the next 12 months.

like

If I’m just beginning to invest outside of my retirement accounts, should I invest in a Vanguard ETF (VOO)?

like

Do you pay your credit cards in full every month?

I ask because I’ve let my credit spending get a bit lax since moving and adopting a puppy recently, so I haven’t been paying them off in full every month like I used to (though still well above the minimum payment, and keeping utilization at 30% or under). It got me thinking about how many people adhere to this advice.

like

How do you invest and save for your children? I’m thinking about setting them up with custodial brokerage accounts but don’t want them to have a heyday at 18. Did you create irrevocable trusts or?? They are too young for earned income and I don’t own a business so no IRA investing opportunities here.

like

9 years at the firm, 3 as a manager and I just broke $100k in the Northeast region. Maybe it's time to explore my options.

like

Can I simply upgrade from Amex Blue Cash Preferred to Amex gold? Or would both just be open at the same time since one is technically a charge card?

like

SD rent prices are just about the same as SF right now. It’s blowing my mind.

like

Just got my offer accepted for a house in San Jose. Shopping for interest rate now:
Should I got for
7ARM - 4.25% interest rate
30 fixed - 4.75 % interest rate

Banker is recommending 7ARM but wanted to get general opinion as well.

Thoughts?

like

Opinions on having my own side bookkeeping business while working in B4 Advisory? And yes, I know it’s clearly against the rules... lol but just looking to make some extra $ to pay off these loans 😫

likeuplifting

Anyone in the public finance space familiar with distressed/high yield muni funds? Outside of the classic closed end asset managers?

like

More Posts

I have two offers in hand. KPMG and Deloitte. CTC is almost same whereas variable is more in KPMG. I am inclined towards Deloitte India. But HR in KPMG told me that I won't be able to join KPMG India in future as I accepted their offer. I informed her within 2 weeks and didn't do anything for onboarding. I didn't ask to increase the amount or JB and I strongly believe I informed early so they can look for other candidates. Is this bluff? Any HR here to clarify

like

If you start as a Program Manager, how/when do you begin to advise people as a people lead? I’ve heard Program Managers are not people leads. I started lead a team of 3 about a month ago at my current job and don’t want to lose leadership experience but have been told my YOE would map to a Program Manager level at Google.

like

Hello! I’m looking for a female sports masseuse that has availability between tomorrow and next Thursday, does anyone have any recommendations? I’m a long distance running who has been training for a marathon on may 1st. I do have a car so I am able to drive if they are located in the greater Boston area.

like

Hello fishes,

I need a referral in PWC for Salesforce Developer Role. I hve 2+ years of experience in Salesforce lightning Development. Please let me know if anyone can refer me. Thanks in advance.

like

Can I negotiate my entry level offer from EY? Or is that not gonna happen / look bad. I’m a campus hire.

funny

Do we need follow any dress code when working from office?

Formal/Smart Casuals/Kuch bhi ??

like
like

To those who divorced or called off the engagement, did you take the ring back? And if so, what did you do with it?

like

Any NJ attorneys? Looking for Labor and Employment Attorney 4-6 years of experience. Pay range $220,000-$250,000

like

Aside from variances, what other topics did you get for Sims in BEC ? Currently reviewing SIMs with Becker but there’s not a lot of them.

like

16+ YOE mainframe Architect/Manager salary expectations please, which company giving high pay, any leads pls provide insights.....

Thank you

like

Thinking of pursuing a Master in Finance. Spent 2 years in audit, 1 year in accounting advisory. I knew I absolutely hated audit/accounting work day 1, but stuck it through. Now as I try to pivot into

like

Anyone have any advice or insight on interviewing for a GS General Attorney position? I’m really excited and working to prepare for an interview I’ve been offered. It’s 3 part, on one day. 2 one on one interviews and a panel interview. For reference, it’s a position in an agency that’s involved in both trade and national security. I’m a litigation junior associate in private practice now, but have a long academic background in international trade, policy, and security.

like

I’m trying to get all my ducks in a row for when I quit here at the end of next month… I am taking a break to figure out what I want to do, so I will be unemployed for a time. Do I have to notify the ARDC of this change (IL licensed)? Do I have to immediately switch to inactive status or can I stay active in case I decide to keep practicing law just a few months later? Thanks in advance fishies!!

like

Need 11 likes to enable dm. Help me fishes.

like

Openings in CitiusTech. Dm or comment if Interested.

Post Photo
like

I am applying to Microsoft Azure division for senior Sde role (8.5 yrs experience)
What will be expected CTC and how fast will be process?

like

What is salary range of lead associate in EYGds?

like

Additional Posts in Advertising

Every time a creative team punts on 2nd down, mutters something about “work/life balance” before bolting at 3, and shits the bed .... a corona gets its lime.

likefunny

I am inundated with so many tasks that I don't have the mental capacity to attack them all immediately & it makes me feel guilty. There's got to be a more realistic term for this than procrastination

like

Microsoft Surface computers: have you used them? Do you enjoy them? How have they been evolving? Creatives: can they keep up with a MacBook in performance with CC?

like

Honest question, can fishbowl actually help resolve and navigate the challenges, frustrations and realizations we face as an industry? Or more just a place to vent?

like

50 an hour at a pharma company or 20-25 at an ad agency ... hmmmmmmmmm

like

Which one y’all stole my muffin?

like

LA creative: I guess the good thing about working late is I’ll be able to skip all the traffic:

10FWY: Not so fast.

likefunny

When did “mass” leave "mass communication”? Seems like everything
I’m asked to do lately is so that 12 people see it on YouTube and we can write up a case study.

likefunny

Do you work on a single brand only or multiple (how many)?

like

If you don’t want your writer to kick you in the throat, refrain from saying things like, “Oh there aren’t any changes to creative...just COPY."

like

Just read a Q&A with Nick Law (Publicis) in the Drum. Surprised that he perpetuates the "creatives are crazy" stereotype. After 7 agency years I'm pretty sure the account people are the real psychos.

likefunny

Best resources to learn marketing strategy? I have a liberal arts background and need to fill the gap in my understand of the business fundamentals behind comms

like

Creatives who left for tech. What is it exactly that you do now? Is it still writing or art directing? Or a different creative role? Hearing about people leaving for tech so I want to know what it means exactly aside from the benefits.

like

What are some good shops for writers in LA?

like

How many agencies that have spent the last year talking about Black Lives Matter/equality/diversity and then don’t do a very simple thing like closing in recognition of MLK Day?

likesmart

Do you share film edits with your colleagues?

like

How do you handle people’s kids showing up on video meetings? Screaming, kicking, hamming it up, (wasting time.) Everyone else is coo-ing…I’m not a kids person. Heard a technique which is to drop off the call bc you “assume the call is over” (which seems like a great way to get fired especially if it’s a way higher up’s kids - plus it feels rather passive aggressive.) Thoughts?

like

A position I interviewed for said they hoped to make a decision by end of last week. I followed up w/ my (external) recruiter (who’s usually VERY quick & responsive) and so far crickets. Bad sign?

like

Do you think independent agencies will be in better shape to handle COVID-related client budget reductions and/or losses?

Or does it not matter and layoffs are equal across the board?

likesmart

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal