
Good morning. A major fintech like Block is fueled by top talent, and it is determined to keep that talent—which is why the company is offering a new compensation option.
Block’s Q1 performance rewards to employees have historically been four-year equity grants. But the firm's new compensation choice policy allows employees to choose between stock compensation or cash, Amrita Ahuja, CFO and chief operating officer at Block, told me. They can choose a mix, or opt for entirely cash or equity.