This might be better for most of employees. Big companies rarely benefit from the standard “lock in folks on the upswing” and “incentivize them to leave on the

This might be better for most of employees. Big companies rarely benefit from the standard “lock in folks on the upswing” and “incentivize them to leave on the downswing” that stock grants usually do. When the stock goes up, difficult conversations emerge when the company realizes it’s paying someone the equivalent of an entire team. On the way down it’s hard to manage comp expectations. An individual engineer rarely impacts the bottom line in a material way. Which is to say, if tech workers can demand high six figure pay - it should probably be mostly cash for most public companies and individuals.