{"id":1040,"date":"2011-10-21T08:40:59","date_gmt":"2011-10-21T15:40:59","guid":{"rendered":"https:\/\/berkonomics.com\/?p=1040"},"modified":"2011-10-21T08:40:59","modified_gmt":"2011-10-21T15:40:59","slug":"share-your-success-with-those-who-got-you-there","status":"publish","type":"post","link":"https:\/\/berkonomics.com\/?p=1040","title":{"rendered":"Share your success with those who got you there."},"content":{"rendered":"<p><span style=\"font-size: medium;\"><span style=\"font-family: Calibri;\"> Some companies have good, formal stock option plans with properly priced options set to reward all in the event of a corporate sale.\u00a0 Usually, the higher the ranks, the more the options held and therefore the greater reward at exit.\u00a0 If there has never been outside investors to organize such an option program, many CEOs never get around to creating a system for rewarding employees in a sale.\u00a0\u00a0\u00a0<\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"font-family: Calibri;\">I found myself in such a situation upon a sale of my computer software company.\u00a0 There was no question that each of the five vice presidents had been greatly responsible for our success and getting us to the successful exit.\u00a0 Yet there was no formal reward in place other than the employee stock ownership program (ESOP) which was set to pay all employees for their accumulated shares at the exit.\u00a0 So I wrote into the final distribution instructions a surprise five figure bonus for each of the five executives.\u00a0 Each was surprised, pleased and effusive.\u00a0 Upon reflection, I should have given each even more.\u00a0 <\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some companies have good, formal stock option plans with properly priced options set to reward all in the event of a corporate sale.\u00a0 Usually, the higher the ranks, the more the options held and therefore the greater reward at exit.\u00a0 &hellip; <a href=\"https:\/\/berkonomics.com\/?p=1040\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[13],"tags":[],"class_list":["post-1040","post","type-post","status-publish","format-standard","hentry","category-the-liquidity-event-and-beyond"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/berkonomics.com\/index.php?rest_route=\/wp\/v2\/posts\/1040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/berkonomics.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/berkonomics.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/berkonomics.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/berkonomics.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1040"}],"version-history":[{"count":0,"href":"https:\/\/berkonomics.com\/index.php?rest_route=\/wp\/v2\/posts\/1040\/revisions"}],"wp:attachment":[{"href":"https:\/\/berkonomics.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/berkonomics.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/berkonomics.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}