139Other Options
An important way to provide your employees with the possibility of substantial financial rewards is to have a stock option program. With this program, your employees are granted the right to buy a specified number of shares of company stock at a price and time determined by the company.
Although there are no guarantees that employees will ultimately reap heaps of money through this process, especially because issues such as market volatility, company performance, and vesting can all play a role, employees appreciate the possibility of being able to earn money in addition to their salary if they continue to perform well over time.
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