How Businesses Can Use Phantom Equity to Incentivize Their Employees | Real World Business Law

Employee retention and long-term incentive planning continue to be top priorities for growing businesses looking to attract and retain top talent. In this episode of Real World Business Law, Partner Connie Phelps and Associate Attorney Shelby Julien discuss how businesses can use phantom equity as a strategic compensation tool to reward key employees without transferring actual ownership. They break down what phantom equity is and how it works, the benefits and potential challenges, and key considerations businesses should keep in mind when structuring these arrangements to align employee incentives with company growth and success.