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Workers with a stake in their company's success are less likely to leave for another job. New research from Asia shows that offering equity to employees can be an effective strategy when recruitment and retention are top of mind for employers.
"When employees have a sense of ownership, they share in the organization's success," according to a report from Computershare, which provides equity plan services. "It gives them a voice within the organization as a shareholder and as a result, they experience greater commitment, develop greater trust in the organization and have a stronger motivation to practice accountability in the workplace. By increasing employee ownership, companies give employees a sense of belonging, creating feelings of loyalty and ensuring their goals and values are aligned with those of the organization."
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