Big News: FounderDating is joining OneVest to build the largest community for entrepreneurs. Details here
Latest Notifications
You have no recent recommendations.
Name
Title
 
MiniBio
FOLLOW
Title
 Followers
FOLLOW TOPIC

Question goes here

1,300 Followers

  • Name
    Entrepreneur
  • Name
    Entrepreneur
  • Name
    Entrepreneur
  • Name
    Entrepreneur
  • Name
    Entrepreneur
  • Name
    Entrepreneur
  • Name
    Entrepreneur
  • Name
    Entrepreneur

Do you pay a BYOD stipend?

In a tech startup do you have a BYOD policy? Do you pay a BYOD stipend? If so, at what point in the company's revenue cycle do you start paying for BYOD and how much do you pay?

3 Replies

Craig Conlee
1
0
Craig Conlee Entrepreneur • Advisor
Founder/CEO at Zealr
This is a interesting movement with BYoD. Most large companies are asking employees to purchase their devices and the plan is covered. When the employee leaves, they don't ask for the device. But if you want to be one of those start ups that offers perks. It's really if it's the budget and what type of firm or culture you want to start.

But if
Alex M Kim
1
0
Alex M Kim Entrepreneur
Tech @ Chatgrid
I saw following case, just for your information.
- pay $50 for BYOD initially. no pay after 1years later to new hire. (I think this was same for home broadband access 2000~)
- some state you might have to pay stipend. there was case in CA last year.
- some country culturally, you might have to pay stipend.

There are tools to help some of use cases.

Karl Schulmeisters
1
0
Karl Schulmeisters Entrepreneur
CTO ClearRoadmap

The thing is that paying for BYOD is currently taxable income. So I you pay them $50 BYOD that needs to go on their income statement.

A company that gives employees a "budget" with which to buy their ideal device or a device froma "whitelist", doesn't have to do that unless the employee leaves with the device before the device has zero value. Now the question arises as to when the device has zero value and that's a tax accounting question that you need specific advice on. One way I suspect its done is that the company uses the 3 year accel. Depreciation allowance. (which is why a lot of companies are on a 4 year hardware refresh cycle).

OTOH, if you don't do a BYOD stipend, I have no incentive to bring my device in. And I will in fact expect you to provide me with a device appropriate for doing my job, just like you would provide me with a desk.

Join FounderDating to participate in the discussion
Nothing gets posted to LinkedIn and your information will not be shared.

Just a few more details please.

DO: Start a discussion, share a resource, or ask a question related to entrepreneurship.
DON'T: Post about prohibited topics such as recruiting, cofounder wanted, check out my product
or feedback on the FD site (you can send this to us directly info@founderdating.com).
See the Community Code of Conduct for more details.

Title

Give your question or discussion topic a great title, make it catchy and succinct.

Details

Make sure what you're about to say is specific and relevant - you'll get better responses.

Topics

Tag your discussion so you get more relevant responses.

Question goes here

1,300 Followers

  • Name
    Details
  • Name
    Details
  • Name
    Details
  • Name
    Details
  • Name
    Details
  • Name
    Details
  • Name
    Details
  • Name
    Details
Know someone who should answer this question? Enter their email below
Stay current and follow these discussion topics?