# Equity refresh calculator

Calculate the number of shares to grant employees eligible for “refresh” or “tenure” grants with Carta’s Equity Refresh Calculator.

[An equity refresh](https://fund-forecasting@carta.com/learn/equity/compensation/equity-refresh/) is a stock grant given to employees who have already received a new-hire grant. This grant helps retain employees beyond the cliff of their initial grant, promoting long-term engagement and loyalty.

## How to use the calculator

1. **Enter key information:**

- **Preferred price:** Your company’s latest preferred share price
   - **Employee details:** Hire date and initial grant size

2. **Get instant results:**

- **Refresh eligibility date:** When the employee is eligible for a refresh grant
   - **Recommended shares:** Number of shares to grant
   - **Grant value:** Approximate value of the refresh grant

## Make smarter compensation decisions

Get startup-specific benchmarks for every role, level, and region to help you forecast, hire, and retain talent. Learn more about [Carta Total Compensation](https://fund-forecasting@carta.com/equity-management/compensation/).