'Great Resignation' sees more companies offer equity to staff

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Companies in North America and Europe plan to give more employees an equity stake in their businesses to help retain talent amid a pandemic-induced 'Great Resignation', a survey showed on Wednesday.Global Equity Organization (GEO), a not-for-profit body tracking global share plans and executive compensati

Companies in North America and Europe plan to give more employees an equity stake in their businesses to help retain talent amid a pandemic-induced"Great Resignation", a survey showed on Wednesday.

As concerns about wealth inequality grow amid an energy crunch and cost of living crisis, sharing profits could also have a positive impact on wider society. Of the companies surveyed, 50 shared their budget for long-term incentive plans, worth a combined $6.6 billion.

 

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