I'd consider tossing profit sharing into the compensation package. Not instead of, but in addition to. The 'CFO' could commit a (minor) portion of profit to pro

I'd consider tossing profit sharing into the compensation package. Not instead of, but in addition to. The 'CFO' could commit a (minor) portion of profit to profit sharing, perhaps on a tiered basis. Add that into the package, and the employees have a bridge between their (below market?) salary and in-money options that gets more cash in their pocket as the company starts to succeed. I'd even go so far as to say that motivating employees to strive towards a profitable business structure is a more pure motivator than equity. Does anyone have experience with this approach?