Options are bowing out and restricted stock is zooming in for companies trying to retain executives and find new ones.
Due to a variety of factors, the image of loading up pay packages for top officials with options is a fading one.
Cost factors and tax implications have pushed companies into offering restricted stock, which allows employees a stake in the company but proves less onerous, particularly for start-ups short of cash.
"What we've seen, especially starting in the dotcom bubble, was stocks options as the soup du jour of employee incentivization," said Clint Costa, a tax attorney with Chicago law firm Duggan Bertsch. "What we've really seen over the past 10 years is that restricted stock, for various reasons, has become much more prevalent."
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