What do stock option do for me? How do I use them?

I a short time ago get a duty extend that includes 15,000 in stock option. I'm guessing this is a flawless point (the other benefits are great) but I really don't fathom out what stock option are and how to use them. Does this parsimonious I can buy 15,000 surrounded by stocks? Couldn't I buy them short stock option?

Imagine a scenario where on earth company A offer stipend X plus 15,000 within stock option, but company B offer pay X + 15,000 near no stock option. Which would you pick?

Answers:
Employee stock option are other for both the company and the hand. They present you the right, but not the prerequisite, to buy company stock at a then date, hopefully at a below-market price. The company rewards you at that then date short have any further out-of-pocket expenses.

Your per-share cost, call the strike price, will be set at the subsequent company board scheduled time after your hire date. Your option next vest over a extent of years. Once vested, you can exercise the option if the flea market price of the stock is high than your strike price. Most personnel buy and put on the market the stock impossible to tell apart hours of daylight. This is free money. Of course, if the company folds or the stock doesn't rise above your strike price, the option are worthless.
Stock option are customarily given to an hand as incentive for them to work harder because as a rule the member of staff will know how to to given X number of stocks but the stocks that they hold are restricted for example the member of staff may not currency within those stocks within a few years.

Well, estimate give or take a few this. This is something approaching money control. If your company similar to the feds are going to print an extra $15000 into the cutback. There will be more money surrounded by the discount right and hence an inflation may arise contained by the discount and that extra money will worth smaller amount than its dissertation helpfulness.
Similar to the money example, if you are given a stock picking, your company will be issuing more stocks into the marketplace. Unless here is a stock buy support program by your company, the convenience of the stocks when you try to redeem them from the bazaar will be smaller quantity than what you be given at the time you start working.
However, deliberate in the region of stock option as a bonus for your work since it is fragment of your compensation. Not adjectives companies wage their executives stock option.


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