Paying people with stock verses paycheck ?

Question

are there any examples where companies pay employees with stock or percentage of profits instead of a paycheck or salary ?

Answer 1

its done all the time -

especially with bonus' -

its a good way for privately held companies to transfer ownership over time - this way the business owner can "sell" stock to an employee (actually the employee gets a bonus but never gets the cash - he gets the stock instead) - over time the employee will have enough equity that he can go to the bank and arrange a buyout

Answer 2

Yes.

Apple Computer is one example.  CEO Steve Jobs makes $1.00 per year, plus incentive stock options.