I am thinking about this idea for my team members:
Available only for critical employees
Based on annual revenue – if the company earns $1m a year today and $10m a year in 5 years, that is a 10x increase to the bonus
If employee leaves (resignation or termination) prior to vesting date, no bonus will be paid out
Once the bonus is vested, the employee can cash out when they please. If employee leaves the company after vesting, payout will be immediate subject to other clauses.
Company has the right to delay payouts if we don’t have enough cash on hand to safely make the payout. We will pay out as soon as we reasonably can. Payouts can be made in segments.
Stay for 5 years, get 50% increase over base bonus value
Each monthly overall Outstanding results in an added 1% to the bonus value