Saab Employee Stock Growth Yields Massive Windfalls

Thousands of Saab employees are celebrating massive financial windfalls after the defense contractor’s stock price increased tenfold over the past four years.Lars Svensson confirmed that approximately 11,000 workers participate in a program where the company matches share purchases following a three-year vesting period.This success comes as PWC reports that similar stock-related bonus programs for all employees in listed companies have declined from 62 percent to 16 percent since the early 2000s.