Sunday, September 18, 2022

Rewriting the story of compensation

Rewriting the story of compensation

When it comes to paying people for the work they do it’s generally straightforward. For tech companies, the story goes a little something like this: 

And while the world and the people in it have changed, this story has stayed the same for decades. But at Shopify, it no longer made sense. We saw an opportunity to write a better story: Flex Comp, an approach to compensation that changes the very foundation of how we reward talent.

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Shopify (SHOP) Stock: Why It Fell 6.26%

Why: Shopify got pulled into a broader market selloff as it did not have any catalysts to bring the price up.

What happened: The broader market sell-off across U.S. equity markets extended a rough weekly loss across all three major averages. Traders were especially concerned about the results from FedEx .

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Publisher: Pulse 2.0
Date: 2022-09-18T00:55:17 00:00
Author: Amit Chowdhry
Twitter: @pulse2news
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Blyp: A 'no-brainer' for gaining insights into your Shopify performance | Ctech
Publisher: ctech
Date: 2022-09-18T11:21:03.738956Z
Author: CTech
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Shopify Inc. Cl A stock falls Friday, underperforms market - MarketWatch

Shares of Shopify Inc. Cl A SHOP, -5.89% shed 5.89% to C$42.16 Friday, in what proved to be an all-around down trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, -0.89% falling 0.89% to 19,385.88. The stock's fall snapped a two-day winning streak. Shopify ...

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Publisher: MarketWatch
Date: Canadian Company Close Updates
Author: MarketWatch Automation
Twitter: @marketwatch
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Bear Market Selloff: Is Shopify Stock a Buy Right Now?

In addition to the steep valuation of Shopify stock, investors were worried about its decelerating revenue growth and a challenging macroeconomic backdrop. Despite the recent pullback, SHOP stock has returned a market-beating 1,320% to investors since it went public in May 2015.

Twitter: @Yahoo
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R|T: The Retail Times – Shopify swaps key execs amid financial downturn | BetaKit

The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe.

Amy Shapero, the company's CFO of five years, will step down following Shopify's third quarter 2022 earnings announcement on October 27. Jeff Hoffmeister will take over as CFO.

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Publisher: BetaKit
Date: 2022-09-15T09:30:58 00:00
Twitter: @betakit
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Shopify staff to choose cash-stock mix in pay as shares dive | Regina Leader Post

Shopify Inc. is changing its compensation practices to let staff decide how much of their pay will be cash versus equity, as volatility continues to buffet shares of technology companies.

The Canadian e-commerce firm, which has seen its share price fall 75 per cent this year, will allow employees to choose a mix of cash, restricted stock units and stock options, with the ability to withdraw equity immediately.

Publisher: leaderpost
Twitter: @leaderpost
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