Federal labor laws allow stock options to be granted to hourly and salaried employees.

Federal Labor Laws

Laws established by the federal government to regulate labor practices, protect workers' rights, and manage relations between unions, employees, and employers.

Stock Options

A form of employee benefit that gives an employee the right, but not the obligation, to purchase company stock at a set price within a specific time period.

Hourly Employees

Workers who are paid for the number of hours they work, rather than receiving a fixed salary.