046 – How to Retain Key Staff Without Equity
Today’s question came from Roger in Amelia, VA.
The first issue I address on today’s show is whether people have other reasons to stay with your firm than obtaining equity and how these drivers can be mobilized to negate the need for employees to own shares in the business.
If the main reason for people to stay is maximizing their income, several equity-alternatives are available, including performance based compensation and regular salary increases.
If your employees “need” equity, we