https://www.bloomberg.com/news/articles/2022-09-16/shopify-overhauls-compensation-rules-after-stock-s-75-plunge
non-paywall: https://archive.ph/BXz5w
Shopify Inc. is changing its compensation practices to let staff decide how much of their pay will be cash versus equity, as volatility continues to buffet shares of technology companies.
The Canadian e-commerce firm, which has seen its share price fall 75% this year, will allow employees to choose a mix of cash, restricted stock units and stock options, with the ability to withdraw equity immediately.
Under the previous structure, management determined the mix of cash and stock that staff would receive. Equity was locked in for the first year of employment.
