No one, and I mean no one worth a damn would agree to an arrangement like this. Equity is worth less than nothing until it isn’t. And it will be years until that payday actually occurs if it ever comes. If your idea is good you can get funding for it. Make a deck. Raise some cash. Hire people.
You are not doing yourself a favor by being stingy on the details. You say you are a founder but of what kind of startup? What are you building? Are you making any profit?
Most importantly, do you really need employees right now? They are expensive and make things complicate. Outsource when possible and hire a VA
How much equity? Does it has the standard vesting scheme? What happens in case the employee get fired? Does he/she keep the equity? When there are real investors, will they get liquidation preference? What happened to the previous developer?
Of all the posts to manipulate votes on, this one ain't it.