Sequoia
Sequoia
Reports & Benchmarking

2026 Total Compensation & Benefits Executive Report

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Discover how high‑growth companies are rethinking compensation, equity, and benefits in 2026 to stay competitive

In our 2026 Total Compensation & Benefits Executive Report Sequoia shares how companies are navigating rising healthcare costs, fast-evolving AI-driven talent needs, and shifting employee expectations by rebalancing how they deploy cash, equity, and benefits. 

Explore the trends:

  • AI is reshaping compensation strategies
  • Equity is evolving toward RSUs and tighter eligibility
  • Short-term incentives are surging
  • Employers are shouldering rising benefit costs
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AI reshapes compensation strategies

  • AI/ML companies concentrate merit increases on high impact technical roles (engineers, researchers, and ML experts) rather than distributing increases evenly across the org.
  • Cash becomes the primary retention lever as equity becomes harder to deploy broadly and its value becomes less predictable.
  • Early-stage AI companies rely on aggressive cash and equity upfront, adding structure only as they scale.

Equity evolves toward RSUs and tighter eligibility

  • Companies are reducing option only grants and shifting toward multivehicle LTIs, especially for executives, using mixes of RSUs, options, and performance shares.
  • RSUs show rapid adoption earlier in company lifecycles due to their clearer, more predictable value in volatile markets.
  • Refresh grants are shrinking dramatically, with large refreshes nearly disappearing as companies tighten ongoing equity spend.
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Decorative image of comp and benefits data

Short-term incentives surge

  • Short-term incentives are expanding rapidly into smaller and earlier stage companies, with ~75% of 50–99employee companies offering them by 2026.
  • Spot bonuses are growing fastest for nonexecutive roles, particularly professional and support levels.
  • Employees increasingly expect immediate, flexible rewards to complement long-term equity, pushing companies to rebalance their incentive mix.

Employers shoulder rising benefit costs

  • Companies absorbed the majority of steep 2026 medical renewal increases instead of shifting costs to employees.
  • Even family coverage saw employers take on larger cost increases, with employee contributions rising only modestly for popular plans.
  • Despite economic pressure, employers continued investing in wellbeing programs and expanded adoption of 401(k) matching across all company sizes.
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