What are the benefits of using double trigger RSUs in the cryptocurrency industry?
Aditya Rohan NarraDec 26, 2021 · 3 years ago1 answers
Can you explain the advantages of utilizing double trigger RSUs in the cryptocurrency industry? How do they differ from other types of equity compensation? What impact do they have on employee retention and motivation?
1 answers
- Dec 26, 2021 · 3 years agoDouble trigger RSUs are a popular form of equity compensation in the cryptocurrency industry. They provide employees with a strong incentive to remain with the company until a liquidity event occurs, such as an IPO or acquisition. This can help ensure the stability and continuity of the organization. Furthermore, double trigger RSUs can attract and retain top talent by offering the potential for a substantial financial reward. Employees are motivated to contribute to the long-term success of the company, as their own financial success is tied to the company's performance. Overall, double trigger RSUs can be an effective tool for employee retention and motivation in the cryptocurrency industry.
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