What are the advantages of using double-trigger RSUs in the cryptocurrency industry?

3 answers

• Jose MartinezAug 17, 2022 · 3 years ago
  Double-trigger RSUs offer several advantages in the cryptocurrency industry. Firstly, they provide employees with a sense of ownership and alignment with the company's success. By tying the RSUs to specific performance milestones and the company's valuation, employees are motivated to work towards achieving these goals. Additionally, double-trigger RSUs can help attract top talent as they offer the potential for significant financial rewards. Lastly, these RSUs can contribute to employee retention as they often have vesting schedules that encourage employees to stay with the company for a certain period of time.
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• Shyamanand SinghApr 14, 2024 · a year ago
  Using double-trigger RSUs in the cryptocurrency industry has its perks. These RSUs not only incentivize employees to work towards the company's growth and success but also provide them with a financial stake in the organization. By linking the RSUs to performance milestones and the company's valuation, employees are motivated to perform at their best. This form of compensation can also help attract and retain top talent in the competitive cryptocurrency industry. Overall, double-trigger RSUs offer a win-win situation for both employees and companies.
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• Terkelsen PanduroDec 17, 2022 · 3 years ago
  Double-trigger RSUs are a popular form of compensation in the cryptocurrency industry. They work by tying the vesting of RSUs to two triggers: typically a liquidity event and the employee's continued employment. This structure ensures that employees are rewarded when the company achieves a certain level of success and they remain committed to the organization. Double-trigger RSUs provide employees with a sense of ownership and align their interests with the company's long-term goals. This compensation structure can be particularly beneficial in the volatile and fast-paced cryptocurrency industry, where employee motivation and retention are crucial for success.
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