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1.) How does equity based compensation encourage employees to work harder for the benefit of the company? 2.) Discuss in detail the pros and cons

1.) How does equity based compensation encourage employees to work harder for the benefit of the company? 2.) Discuss in detail the pros and cons to the employer and employee of employee of equity based compensation. 3.) Would you be willing to work for less salary in exchange for stock of your employer? Why or why not?

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