Offer and Track Stock Option Grants All in One Place
Companies and their international talent are always a top priority at Deel. It's essential that when you begin in a global working relationship, you get started on the right (remote) foot. Now you can offer stock options directly to contractors on Deel. Formalizing an equity offer between you and incoming team members is a great way to build trust and legitimacy at your company. It also means keeping track of stock options and the quantities is even easier.
With this new feature, your workflow won't change. Now, instead of having to worry about offering stock options separately, you can handle it all during the contract creation process on Deel. Simply choose the quantity or value of stock options you'd like to offer, add a vesting schedule, and you're all set.
While contractors gain more visibility and transparency into their stock options offer, companies can quickly keep track of stock option offers and their respective time periods. Once the equity offer has been signed, you will also be able to upload any legal paperwork as necessary. Now businesses can keep track of all documentation and manage stock options in one place, which makes sorting things out on your equity management platform even more manageable.
One last (but very important) thing!
Just a reminder, this feature does not replace your equity management platform (where shares are granted and vested). For now, we're here to help strictly consolidate the offer process.