Rethinking Equity Compensation: From Lottery Ticket to Financial Wedge

At Hearst, we don’t have equity plans for anyone because there’s no equity to share in any of our business lines. So we have to create incentives that are as good as, if not better than, those being offered by the folks we’re competing with for engineers. For instance, we’ve created profit-sharing plans that acted like phantom equity. Portions of t

... See more

Financial incentives -> instead of the classic options/RSUs model, a wide range of incentive mechanisms.