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Equity: The Golden Handcuffs
Last month, I wrote about positioning your company to attract and keep top performers. One very effective way to do both is to compensate your key employees with equity.
Performance pay has become a critical factor in keeping top talent; combine it with a sense of ownership and a stake in the future of the business, and you've got a powerful set of incentives.
That is what equity does. The basic theory behind equity compensation is simple: generously pay your people in ...
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