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A comment on Shopify lets staff decide cash-stock pay mix as shares dive. Parent comment

Re:Shopify lets staff decide cash-stock pay mix as shares dive by paulmd on Friday September 16, 2022 @01:23PM (#32869241)
incentivizing productive employees (the ones with the most alternatives) to quit if the stock price (or the stock market generally) goes down is a hell of a side-effect when you put it like that.

I guess that's the monkey-paw side of "incentivizing the employees to make the company perform by giving them a stake in the upside"...

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Re:Shopify lets staff decide cash-stock pay mix as shares dive by sokoloff on Friday September 16, 2022 @02:33PM (#32870216)
That’s why a lot of companies will issue special grants to their highest performing/most critical employees if the shares drop a lot. That makes for a good “double dipping” if the shares recover.
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Re:Shopify lets staff decide cash-stock pay mix as shares dive by marssaxman on Friday September 16, 2022 @06:29PM (#32872848)
Real Networks did that for us, after the dot-com crash. The stock promptly dropped some more, and never recovered. I've been deeply skeptical of stock-based compensation ever since...
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