Are equity grants a good way to attract and retain remote workers? Will this create good inventive for remote workers to preform well and possibly create a method of early retention?
Equity grants or warrants are a great way to get the right people incentivized along the way. Two things; issue them at market value so there are no tax consequences, and vest them over time so you are not giving up equity to someone who does not work out.
Short answer is yes, but there are alternatives.
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For a quick understanding of stock options and equity grants, read Stephen Poland's Founder's Guide - http://bit.ly/StockOptionsandEquityCompStephenPoland
If they believe in your company and if the equity would have a value to them(either monetary Or emotionall), why not. But probably they would be already having a good reason to perform well...
my take is on “No“.
They have been for us. Although, we own the technology and distribute gross profits over $1M. We have performing partners for over 10 years.