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by baccheion 1835 days ago
They have high turnover across the board. Another reason they don't do the typical 25%/year stock vest. 5% vests each of the first 2 years, with a catch up at year 3.
1 comments

Low wage jobs typically have high turnover rates. It is why unions are established, so that people can see these jobs as lifelong careers and places where you need to be committed with a membership.

Plus unions increase quality of the trade.

The equity strategy is used at least among software engineers.