Equity compensation isn’t just for Silicon Valley startups anymore — it’s for employers who want to attract and retain the best talent, Morgan Stanley executives say.
More employers are starting to recognize the value of these benefits: 77% of employers are currently using digital stock certificates, according to the 2020 State of Equity Plan Management at Private Companies survey conducted by Shareworks — an equity benefit platform by Morgan Stanley at Work. When asked why they were offering employees company equity, 36% of executives said it was mainly to “attract and retain talent,” the survey said.
