Startups swap cash bonuses for stock soap

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To retain talent in the face of a tight fundraising market, startups are shifting away from cash bonuses and towards stock options and other long-term incentives.

Even after several rounds of cost-cutting layoffs, the balance sheets of many edtech, software, and fintech startups remain strained. While some startups are transitioning to Restricted Stock Units (RSUs), others are raising targets and requesting incentives from their leaders. “A consumer media internet firm we work with that has seen some layoffs has also made sales promotion more difficult and less achievable. We collaborate with two SaaS unicorns on the job. “One of them did not give a bonus to the leadership team, but kept some bonuses for other employees,” said Harold D’Souza, co-founder and director of search firm Walkwater Talent Advisors

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Startups swap cash bonuses for stock soap

To retain talent in the face of a tight fundraising market, startups are shifting away from cash bonuses and towards stock options and other long-term incentives.

Even after several rounds of cost-cutting layoffs, the balance sheets of many edtech, software, and fintech startups remain strained. While some startups are transitioning to Restricted Stock Units (RSUs), others are raising targets and requesting incentives from their leaders. “A consumer media internet firm we work with that has seen some layoffs has also made sales promotion more difficult and less achievable. We collaborate with two SaaS unicorns on the job. “One of them did not give a bonus to the leadership team, but kept some bonuses for other employees,” said Harold D’Souza, co-founder and director of search firm Walkwater Talent Advisors

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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