04/27/2022

The 'Great Resignation' Sees More Companies Offer Equity to Staff

Incentive plans are on the rise

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 compensation, said 25% of North American companies and 22 percent of European firms surveyed said they would make more share grants in the future as part of their long-term incentive programs (LTIs).

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.

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