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Can you compensate an employee with only fringe benefits?

Using stock, stock options, restricted stock units, and any other benefits in lieu of or as a supplement to compensation is a common practice among bootstrapped startups. However, creating and administering a legally compliant options or RSU program is expensive. Additionally, minimum wage laws prohibit an employer from substituting stock and options for pay where wages fall below the minimum standard. If you’d like to talk to an employment lawyer regarding your options then turn to LawTrades. Our legal platform takes the time and stress away from finding a top notch attorney at a rate you can afford.

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