Has anyone here granted ISOs to employees on a regular basis (e.g. annually) to keep them motivated and incentivized to stick around? To be clear - this is in addition to having multi-year vesting on each ISO award. This idea was recently recommended to me from someone's prior experience.
I'd like to hear if others have done the same, and if so, how it worked out.
We are a seed stage company with less than 10 employees and I want to ensure our team is properly incentivized. Most people I've talked to only grant ISOs once, when an employee is hired, and the grants have multi-year vesting with a cliff to encourage the employees to stick around for a while. Sometimes additional ISO grants are awarded for really key contributions, but these are not typical.
What has your experience been?