The cross-departmental nature of managing an equity plan can make gathering data and keeping up-to-date records a nightmare. There is no time more crucial than year-end to make sure you reconcile equity plan data across all of your internal stakeholders and departments.
When employees are transferred to a new location, they are probably thinking about packing, selling their house, and finding their way around a new city. Meanwhile, their stock plan administrators are thinking about the complicated world of stock plan taxation they have just entered. Different jurisdictions have different tax laws. As a stock plan administrator, you are responsible for tracking where participants live throughout the life cycle of their stock awards – from grant through exercise/release – and properly withholding taxes in each jurisdiction.