By Federica Urso

(Reuters). During a period of “Great Resignation,” a number of companies in North America, Europe and North America plan to offer more equity to their employees to keep them motivated.

Global Equity Organization (GEO) is a non-profit organization that tracks global share plans, executive compensation and executive pay. Global Equity Organization (GEO) surveyed 22% European companies. They said they expected to make more share gifts in the future under their long-term incentive programs (LTIs).

This global survey, which included 181 firms from 10 different industries, comes at a time when the COVID-19 pandemic is causing more workers to quit and rethink work-life balance.

Shared profits can have a positive effect on society as well, given the growing concerns over wealth inequalities due to an energy crisis and cost-of-living crisis.

GEO’s chief executive Danyle Anderson stated that by granting condition-linked shares as part of LTI to more employees, “companies are…supporting potential wealth creation over the longer term, and helping some workers live from paycheck to paycheck,”

Anderson explained that Anderson believes the trend will continue for the foreseeable future and help to create a sustainable, equitable system of compensation.

56 companies were surveyed and shared their annual budget for long-term incentives plans. This totaled $6.6 Billion.

Many companies stated that they are paying more attention to the work of their staff and may use this information to increase worker wages.

The 42% of the 119 businesses that answered a question regarding whether they electronically tracked their employees’ location during the pandemic responded, mostly in order to comply with tax laws, since many workers left city to seek out the countryside and be nearer to loved ones.

Nine percent said they also tracked worker locations and had increased staff compensation, especially in situations where workers were from other states or countries.

“The message for workers is: by all means temporarily leave the place you work, but don’t necessarily expect to take your original compensation package with you if you are planning to permanently live outside your region or area,” said Sheila Frierson, president employee share plans for North America at Computershare and one of the survey’s sponsors.

(The number of companies corrected in the seventh paragraph from 50 to 54.