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Can I pay remote developers/employees with stock options for my startup?

Compensating employees only with stock or stock options is generally not considered wages for purposes of minimum wage calculation. Accordingly, this type of arrangement can easily violate minimum wage laws. While there might be ways to structure this type of compensation package, they are very narrowly construed and require robust legal skill. If you are thinking about this option as compensation, engaging an experienced attorney is essential in order to avoid fines or legal action, or both, that could impair your company’s brand and value. You can find a top notch employment attorney at LawTrades, where our legal marketplace offer flat-fee pricing and free initial consultations.

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