4 ms·
Having had several jobs where stock options were a motivator, I have a little advice to offer: Stock options are not a replacement for a competitive salary, un
by dgabriel 19y ago
Having had several jobs where stock options were a motivator, I have a little advice to offer:
Stock options are not a replacement for a competitive salary, unless the technical people are given substantial ownership. So, for example, 1% of a company that could realistically reach a valuation of 2 million dollars is not enough. The risk is only worth it if the payoff will make up for and exceed any salary trade offs.
Be clear and realistic about the numbers. Don't exaggerate, please please please.
Options can make good bonuses, but only if the company is perceived as doing well. If your employees don't feel connected to the company, they'll scoff and become actively de-motivated.