| ABOUT THE HR FUNCTION - B3.8 Administer Employee Stock Purchase Program | |||
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During
the late 1990s and early 2000s, employee share ownership was seen as a
cost-effective employee benefit and an extremely positive motivational
strategy. The issue of company stock/shares was quite common, especially
in North America. An HRIS may have a component to facilitate recording of
stock ownership. Information may include the type of stock item, price,
date of purchase, period of time it must be held, the amount of stock an
employee is eligible to purchase and details of funds used to purchase the
stock. Information is often cross-checked with employee position, length
of service, and other stock purchase eligibility criteria. |
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Level TWO - Transactions / Reports |
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Sample Process |
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