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    Page 1 of 1 Result
    • 12 May 2017
    • Working Paper Summaries

    Equality and Equity in Compensation

    by Jiayi Bao and Andy Wu

    Why do some firms such as technology startups offer the same equity compensation packages to all new employees despite very different cash salaries? This paper presents evidence that workers dislike inequality in equity compensation more than salary compensation because of the perceived scarcity of equity.

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