An equity grant policy is the documented framework for granting equity to employees. It covers grant size by role and level, refresh grants, acceleration provisions, vesting schedule, and consistent application across hires, providing both fairness (similar roles get similar grants) and predictability (managers know what to offer) that case-by-case grant decisions lack. It is the operational discipline that distinguishes companies that grant equity systematically from companies that negotiate every grant individually.
The components:
Grant size by role and level: