Not at all. I just think the employees should be paid in cash and not in shares as a way to hide the total compensation cost.

Ah so we should just tug our caps and be good little peasants and get above ourselves and say "thankee kindly master Frodo after saving the world ill just get right back to cutting the grass at bag end"

If you work at Google and you are paid in cash you can buy as much or as little of Google stock as you want. There is no rational reason (other than to fool ignorant shareholders) to pay part of your total compensation in company stock.

Tax efficacy and a much better gearing also owning shares in your employer is a good thing both for the company and socially.