Great report from General Catalyst! The survey reveals essential trends in equity compensation, crucial for attracting and retaining top talent in high-growth phases: - 66% of companies award refresh grants worth 25% or less of new hire benchmarks, a key metric for competitive compensation. - 82% report that these grants significantly impact retention, underscoring the importance of strategic equity packages. - 87% prioritize individual performance when granting equity, aligning with the best practices for rewarding top performers. For recruiters and hiring managers, these insights provide valuable benchmarks to structure equity packages that attract top-tier talent while managing equity dilution effectively. Thanks Katie Hughes for sharing and congrats to Guissu Baier & Grant Rivas on this report.
General Catalyst's 2024 Equity Refresh Survey compiled over 160 data points on key questions, including eligibility, timing, and grant size. Congratulations to Guissu Baier and Grant Rivas on this report! Some major takeaways: -Refresh grants are typically 25% or less of current new hire benchmarks -25% or fewer of employees receive refresh grants annually -Nearly half of refresh grants have no vesting cliff Access the full report here →