Half of staff attitudes would change if offered share plans

Half (50%) of respondents say their attitude towards their employer would change if they were part of an employee share scheme, according to research by Equiniti Employee Services.

PhilAinsley_Oct15

Its survey of 1,189 employees also found that 72% of respondents aged 18-24 would change their attitude if there was a share scheme available at their workplace.

The research also found:

  • Of the respondents that say a workplace share scheme would change their attitude towards their employer, 46% believe it would increase their interest in the business, 30% say they would be more loyal, 26% would speak well of the organisation outside of work and 22% would be more productive.
  • Of the 72% of 18-25 year old respondents who say their attitude would shift as a result of an employee share scheme, 25% would be more loyal and be prepared to work longer hours, while 58% would look for opportunities to grow the business.
  • 15% of respondents say a share option scheme would influence their decision to stay with their current employer or move jobs.

Phil Ainsley (pictured), managing director of employee services at Equiniti, said: “Our research suggests that employees are increasingly looking for a long-term financial plan and a sense of involvement in the business.

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Share schemes are currently under-utilised across all industry sectors but they can have a hugely positive effect on the way employees view their employers and how involved they are with the company and its future.

“This can only be good for corporate growth and individuals alike.”