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In this podcast, Declan Bradley, an employment lawyer at Clayton, discusses equity participation for employees, particularly in tech startups. He highlights that startups often face financial constraints, leading them to offer equity packages instead of higher salaries to attract talent. Declan is joined by Euan Ferguson, an equity consultant, who emphasizes the importance of equity packages for both startups and prospective employees, noting that many startups use shares as a way to compensate and incentivize employees. The conversation delves into the nuances of equity schemes, emphasizing their relevance in startup employment arrangements.