Wednesday, October 28, 2015
Zayo: Not All Workers Understand Equity Grants
Think that everyone would be happy to get an equity slice of a rapidly growing, healthy business like Boulder-based Zayo Group? Maybe not. The company said in a story today in the WSJ, not everyone has bought into the benefit of getting some of their pay in equity--something which has generally been a perk and upside for executives at fast growing companies in the technology industry. Zayo apparently has had to explain the idea of vesting, in particular, to lower level employees who it has tried to deal into the equity grants, such as administrators more interested in how to make their next car payment than how they can benefit from the company's growth in the future.