A strong pool of employees can share the load running your startup; but with tightening of belts due to the downturn can you afford to continue to attract the best talent?
EMI options are a great tax advantage scheme to help startups retain talented employees.
Most startups hold a 10% option pool (per Vestd), but have you considered increasing this to give you freedom to reduce near term cashflow? You can swap salaries now for future equity.
Quantico takeaway
It’s worth reviewing your equity structure and getting board approval to change the option pool. This will help retain experienced talent to continue your high growth trajectory. 🚀
We’re experienced in setting up share option schemes and it’s an area we see a lot of startups fail to manage. Get in touch to find out how we can help.
