Companies will ringfence talent through new approaches: Quess Corp executive chairman Ajit Issac

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Key Points

Companies are recognising the need to move beyond traditional salary hikes and explore innovative forms of compensation in a bid to tackle the salary dilemma..

In the coming year/s, the emerging dynamic duo of restricted stock units (RSUs) and performance-linked plans will gain traction...

Many companies are pivoting away from solely relying on traditional stock options and integrating RSUs as a prominent compensation component that grants direct ownership in the company..

To further bolster the compensation game and retain top talent, firms will enhance their bespoke, holistic benefits offering models, to make the overall offering more lucrative..

In conclusion, the ascent of RSUs and performance-linked plans signify a key transformation in the realm of compensation, especially in challenging economic times..