'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.

The global survey of 181 companies across 10 industries - including in technology, industrial and financial services - comes as the Covid-19 pandemic has prompted more employees to quit their jobs and rethink their work-life balance.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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