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Couldn't disagree more. Want to see employees work hard and be motivated? Give them equity that is a meaningful amount. I know it works for me... I work 10x harder for my current job where I have equity and stock bonuses than at previous jobs that were all salary.


Why would you prefer equity/stock over cash? I would take cold hard cash over the same amount in stock any day of the week.


Keywords here are “same amount”.

You are right - there is no reason to prefer equity over cash. Cash is better, if the company could afford it. But many employers cannot afford it now, and they offer equity instead.


Do you work at a large company?


Yes, previously at a ~$200b+ market cap and now at a ~$100b market cap company. Only difference is incentives--equity definitely works to motivate!




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