'Great Resignation' sees more companies offer equity to staff

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 66%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Twitter CEO tells employees company is in the dark over future under Musk(Reuters) -Twitter Inc Chief Executive Parag Agrawal told employees on Monday that the future of the social media firm is uncertain after the deal to be taken private under billionaire Elon Musk closes. Musk will join Twitter staff for a question-and-answer session at a later date, the company told employees. As Agrawal listened to staff questions about Musk's plans for the company, the possibility of layoffs and the board's rationale for the deal, he deferred many questions as ones that should be asked of Musk.
Source: YahooSG - 🏆 3. / 71 Read more »