Springfield, MO

Log in Subscribe

Stock options aid in staff retention

Posted online

Many executives are finding that it pays to give employees a personal stake in the company, particularly in today's high-employment climate, according to a recent survey. Eighty-five percent of respondents said that stock options are a valuable tool in attracting and retaining workers at all levels, stated a news release from Robert Half International Inc.

This represents a 5 percentage point increase from 1991 when, in a similar survey, 80 percent of executives said such programs were important, the release said.

The survey was developed by Robert Half International, the world's first and largest staffing services firm specializing in the accounting, finance and information technology fields. It was conducted by an independent research firm and includes responses from 150 executives with the nation's 1,000 largest companies.

Executives were asked: "How important are stock options in attracting and retaining American workers at all levels of a company?"

"Stock option plans provide employees with a unique, no-risk opportunity to build wealth and financial security over the long term," said Lynn Taylor, vice president and director of research at Robert Half International, in the release.

"Whether a company is public or is anticipating an initial public offering, the opportunity for employees to become shareholders offers them an incentive to act as owners of the company and reap the rewards of their collective successes."

Taylor added, "Variable compensation, such as stock options and performance-based pay, encourages top performers to remain with a company and help shape its future direction."


Their responses:

1998 1991

Very important 37% 23%

Somewhat important 48% 57%

Somewhat unimportant 11% 12%

Not at all important 3% 7%

Don't know/no answer 1% 1%

[[In-content Ad]]


No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Rebar Kitchen & Taproom

A pair of food industry veterans teamed up to open Rebar Kitchen & Taproom; May 2 marked the grand opening for the new headquarters of 27North Inc.; and the first brick-and-mortar shop for Springfield Trading Co. launched.

Most Read
Update cookies preferences