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To continue with this line of thought, then, it would be better for retention to: a) Pay an employee $2 MM a year in salary and have them spend it along the wa
by hallmark 17y ago
To continue with this line of thought, then, it would be better for retention to:
a) Pay an employee $2 MM a year in salary and have them spend it along the way.
Rather than:
b) Give them stock that vests in 4 years - worth $5 MM - and have them feel abruptly wealthy and quit.
I understand that startups usually give out equity because they don't have the cash to pay high salaries up front. But if a company does have the choice, it seems that a vesting period on equity is the common method for keeping an employee on the hook.