The largest Russian companies in 2022-2024 began to motivate their employees with actions almost twice as often and more often with money. This is indicated by a study by the KFR group and the Birge company, reviewed by RB.RU.
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The analysis of long-term employee incentive programs covered 50 companies, including giants in the metals, retail, financial and technology sectors.
- It found that the proportion of cash-based programs increased from 40% in 2022 to 50% in 2024.
- The number of companies using actions as a motivation tool decreased from 42% to 24% (almost double).
- In public companies, more than half (52%) of long-term incentive programs are cash-based, 31% are stock-based, and 17% of companies do not use such programs.
- In non-public companies, 48% of programs are based on cash payments, 19% on shares, and 33% of companies do not use long-term incentive programs.
- The study also showed that 73% of companies did not change their practices regarding motivation tools. The vast majority (75%) of companies did not change the terms of the programs, and 60% of the programs that were first launched between 2022 and 2024 have a duration of three years.
Researchers believe that the main reason for the decrease in the number of programs using shares was the exit of companies from foreign trading platforms: Russian companies resorted to redomiciliation (VK, Lenta, En+), listing in one jurisdiction “friendly” (Polymetal, Okay) or the division into Russian and international business (Yandex, Softline, Qiwi).
Author:
Anastasia Marina
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
