FinTech Magazine - March 2023 | Page 39

transactions happen , but on the participant side , ensure that people have the right resources to take advantage of what that opportunity brings to the table .”
A developing trend in private capital markets A good equity programme not only rewards employees but also creates a deeper investment culture within the organisation . If an employee can see the value of their shares rising as the company grows , it can incentivise them to work towards the company ’ s common goals . Equally , companies today may have to take into account lifestyle choices . Employees might have certain expectations in mind when they consider equity programmes at the job-offer level .
Today , as companies take longer to reach the IPO stage , they also have simultaneous opportunity to scale and grow . This means they have to offer competitive equity stake value or risk losing out to the competition . The war for talent as we ’ ve known it for the last 10 years is beginning to slow , evidenced by the volume of layoffs , particularly in the technology sector . However , down markets may breed innovation because with mass layoffs comes a surplus of talented people that find themselves without work , have potentially realized some significant value from previous roles and are ready to solve new problems . Similar to companies that emerged in the aftermath of the 2008 financial crisis , Morgan Stanley at Work believes there will be a new period of innovation out of the current downturn as well .
Swan says : “ One of the big drivers in the evolving approach private companies take
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