My company is a LLC and has about 5 engineers working on it for residual amount of hours a week, like 1 or 2 hours a week.
We have much most expenses thant revenue in the company at this point, therefore I cannot commit to provide a salary.
As an LLC we do not have stock-option plans. I do not plan to really share the companies with engineers.
- What form of incentive can I provide?
- Can I simply ask them to add the hours they work on next week, and commit to payment when the company reach certain milestones?
- Any other ideas?
- Where can I find forms online for such contract?
Any help is greatly appreciated!