Elon Musk has reportedly come up with a customarily unorthodox policy for the compensation of X employees, informing staff that their ability to earn stock grants will depend on their contributions to the company.
In an email sent to the workforce of the social media platform last week as reported by The Verge, Musk revealed that workers wishing to receive stock grants must summarise their achievements and impact on the company in a one-page document.
The document will then be sent to X’s leadership teams for review. It isn’t clear exactly what the adjudication process will look like, nor how long it will take to enact.
Since Musk’s controversial arrival at X, uncertainty and tensions surrounding compensation have been high, with a source from X reporting to The Verge that staff are yet to be paid an annual equity refresher that was due in April.
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