In business, the battle for talent never ends. Whether the primary focus is on recruitment or retention, companies can never rest or take anything (or anyone) for granted. This has always been the case, but perhaps never more so than nowadays, with the pandemic having triggered a period of upheaval and rapid change in how we work, and the so-called Great Resignation further complicating the picture.
Against this backdrop, it has never been more important for companies to make every effort to retain key talent. The process of recruiting new staff is both costly and time-consuming, while high turnover can have a destabilizing effect on morale and leave you playing catchup rather than leading the way.
One of the most effective ways to encourage talent to remain on-board and performing at their best is to embrace equity compensation. A successful employee stock plan strategy could tick several boxes for you – and Restricted Stock Units (RSUs) are just one of the many routes you can take.
Could RSUs be the equity compensation choice that best helps motivate and engage your employees? Learn more in our free eBook.
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Please Note: This publication contains general information only and J.P. Morgan Workplace Solutions is not, through this article, issuing any advice, be it legal, financial, tax-related, business-related, professional or other. J.P. Morgan Workplace Solutions’ Insights is not a substitute for professional advice and should not be used as such. J.P. Morgan Workplace Solutions does not assume any liability for reliance on the information provided herein.