4 ms·
This is a nice idea, but perhaps give stock grants as bonus incentive.
by auntienomen 10y ago
This is a nice idea, but perhaps give stock grants as bonus incentive.
- ci5er 10y agoI was thinking of a profit distribution once we hit that point - say 24 months in. 20% of last year's EBITDA quarterly to employees this year or some such. Of course if I've taken on any outside money by that time, those investors are certain to have opinions about that... That way we don't have to worry about options needing to be exercised, or the cash-out-of-pocket tax hit of RSUs (until some legislation to fix that problem makes it through someday...) I'm happy to share success with the team that made the enterprise successful, but most of the stock based bonus instruments have some 'gotchas' that end up hurting the wrong people... Does that (the profit sharing) sound as if it might be a reasonable incentive structure? Or would you as an exemplary candidate want stock even though the company had no hard-and-fast plans for an exit. (Of course, these days, who does?)