Incentives for startup employees, what to expect?
I'd like to hear from people who own/work for a startup in the Zurich area. In particular, I'd like to know what are the common contracts that employees are offered to motivate and compensate them for the usual cut in salary compared to established companies.
I don't really know anything about the subject so I can use any help to start understanding the differences between shares/stock options/virtual options etc...
What are the advantages/disadvantages of these different kinds of benefits from the employee's point of view (also wrt taxation)?
Also, what's usual in terms of vesting period and other restrictions meant to incentivate the employees to stay longer?