Shopify to let staff decide the breakdown of their remuneration

Canadian e-commerce platform Shopify, which has seen its share price plummet 75% in one year, has decided to adjust its remuneration system. The company’s workforce, which stands at 10,000 employees worldwide, will be able to choose how their pay is split between cash and shares. Shopify’s management hopes to restore motivation among its staff, after announcing on 26 July that it was laying off 10% of its workforce.

Through . Published on 23 September 2022 à 19h37 - Update on 21 October 2022 à 21h45


Shopify’s management will no longer determine the breakdown of employees’ pay packets between cash and equity. Instead, staff will be free to choose how they want to be paid. Under the new system, dubbed “Flex Comp”,…

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