'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 (April 27). Global Equity Organization (GEO), a not-for-profit body tracking global share plans and executive compensation, said 25per cent of North American companies and 22 per cent of European...

Reuters

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. "If this trend continues beyond the immediate future, the pandemic will have helped to lay the foundations of a more sustainable and equitable compensation system than during the whole of the last forty years," Anderson said.Of the companies surveyed, 54 shared their budget for long-term incentive plans, worth a combined $6.6 billion .

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'Great Resignation' sees more companies offer equity to staffCompanies 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
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

'Great Resignation' sees more companies offer equity to staffCompanies 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
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »