Tag: Wright Lewis

Part 3 – Phantom Stock  By: Wright Lewis  [9/23/22] This article is Part 3 in a series outlining various equity-sharing arrangements businesses can use to attract and retain employees. Part 1 discussed stock options, and Part 2 discussed restricted stock. While the term “stock” applies only to corporations, equivalent plans can be deployed by limited liability companies. The “Great… Continue reading How to Attract and Retain Employees During the Great Resignation: Part 3 – Phantom Stock

Part 2 – Restricted Stock By: Wright Lewis  [7/13/22] The “Great Resignation” of 2021 and the low unemployment rates in the first half of 2022 have caused businesses to increase their focus on employee retention. What options do companies have to attract and retain employees in such a difficult labor market? As discussed in Part… Continue reading How to Attract and Retain Employees During the Great Resignation: Part 2 – Restricted Stock

Part 1 – Options By: Wright Lewis  [6/3/22] Sharing equity (ownership) in a business with employees is not a novel concept. Entrepreneurs have been sharing equity with their employees for decades, but equity sharing has become more popular over the last two decades, driven at least in part by the Silicon Valley culture of high-growth… Continue reading How to Attract and Retain Employees During the Great Resignation: Part 1 – Options