The share plan gives the option to buy the shares at a fixed price in 12 months by contributing to a fixed monthly amount deducted from your net salary from next month. Hope that answers your query and thank you for the inputs.
But generally speaking it is not a great idea to invest a large portion of your savings in the company you work for, as if things go wrong you will get hit double and furthermore it is a very concentrated investment.
- Will you get the shares at a significant discount to the market price?
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