|
|
|
|
|
by bladegash
2114 days ago
|
|
A lot of people say money isn’t their motivator, which can be true. There are people wholly intrinsically motivated, but it’s rare. There are also people financially secure enough to where they don’t care about additional money, but that’s rare as well. If you have the ability to do this, one solution I have seen work is a phantom stock agreement that sets the valuation at the present value of the company. I won’t go into all the details, but it would given employees a percentage of any growth above that valuation. There would be an event that has to take place to payout and such, but it’s a good motivator to drive growth. In addition, it gives employees equity without actually giving them actual company ownership. |
|