General Catalyst reposted this
Equity compensation is critical for aligning employees with a company’s long-term goals and fostering a culture of ownership. Yet, data on equity refresh design is scarce. Key questions on eligibility, timing, and grant size persist among founders and Boards. We are excited to share the results of General Catalyst's 2024 Equity Refresh Survey which compiles over 160 data points on key questions including eligibility, timing, and grant size. The findings show that, in this era of capital efficiency, companies are judicious with equity dilution while still rewarding top performers. Highlights: - 87% of companies prioritize individual performance for refresh grants - 25% or fewer of employees receive refresh grants annually - Refresh grants are typically 25% or less of current new hire benchmarks - Nearly half of refresh grants have no vesting cliff Access the full report → https://lnkd.in/gruPasKh Please share how your company rewards top performers and issues refresh equity in the comments below!