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In this podcast, Declan Bradley, an employment lawyer at DA Clayton, discusses equity participation for employees, focusing on share option schemes. He highlights the challenges faced by startups, which often have limited funds and seek alternative compensation methods, such as offering equity stakes to employees and consultants. His guest, Eoin Ferguson, a consultant and equity expert, agrees that many startups and prospective employees prioritize equity packages alongside salaries. This approach allows startups to incentivize talent by giving them a share of the company's ownership, thus aligning interests as the company grows.
