How does a company pay people with stock or profit sharing only (no salary or paychecks) ?

Question

i heard that Apple computers c.e.o steve jobs gets $1.00 a year for his salary. but gets a lot of bonus and stock options.

how can one have that system for all the employees or partners of a company ? verses the traditional salary system that most companies use.

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Answer 1

You're using the example of Steve Jobs and assuming that it applies to the rest of Apple, Inc. It doesn't. Jobs just chooses to take a token salary.

Answer 2

they give employees a set price for example you can buy our stock for $20 at any time you want. then when the price of the stock goes up to like $40 for example that employee can buy it at 20 dollars and turn around and sell it for 40 dollars making a profit.