Clarivate Awards Restricted Share Units to Global Workforce
Clarivate Plc (NYSE:CCC) has launched a new colleague retention program that awards restricted share units (RSUs) based on its Customer Delight survey score. This initiative, which aligns employee rewards with customer satisfaction, aims to enhance employee engagement and retention. The program will provide nearly 5,000 full-time colleagues with a $2,000 RSU grant globally. CEO Jerre Stead emphasized that this strategy connects customer and colleague success, fostering long-term value for both the company and its employees.
- Introduction of a colleague retention program based on Customer Delight scores.
- Global implementation of $2,000 RSU grants for nearly 5,000 employees enhances engagement.
- Aligns employee experience with customer satisfaction, promoting organizational success.
- None.
Introduces unique rewards program based on Customer Delight survey score
LONDON, Dec. 3, 2020 /PRNewswire/ -- Clarivate Plc (NYSE:CCC), a global leader in providing trusted information and insights to accelerate the pace of innovation, today announced that it has introduced a unique colleague retention program, awarding its global workforce restricted share units (RSUs) based on the company's customer satisfaction survey score.
"We firmly believe that all colleagues should have an opportunity to earn shares in Clarivate and participate in our company's success and I'm especially proud to be able to roll out this program in such an extraordinary year," said Jerre Stead, Executive Chairman and CEO, Clarivate. "Our people are our most valuable assets and need to be treated as such. By basing the rewards program on our Customer Delight score, we are connecting the success of our customers with the success of our colleagues and company. It creates a powerful and virtuous circle for long-term success."
Basing the grant value on the Customer Delight score aligns with the company's business strategy to deliver great customer experiences, engaging colleagues and providing sustainable rewards to retain talent and build an organization for the future. The program translates into a
Stead concluded, "Everyone contributes to our success and everyone can now become a shareholder and participate in creating long term value for Clarivate and themselves. We believe that human ingenuity will make the world a better place and by creating this unique program, we show that ingenuity and innovation begins at home."
About Clarivate
Clarivate™ is a global leader in providing solutions to accelerate the lifecycle of innovation. Our bold mission is to help customers solve some of the world's most complex problems by providing actionable information and insights that reduce the time from new ideas to life-changing inventions in the areas of science and intellectual property. We help customers discover, protect and commercialize their inventions using our trusted subscription and technology-based solutions coupled with deep domain expertise. For more information, please visit clarivate.com.
Media contact
Tabita Seagrave, Global Head of Corporate Communications
media.enquiries@clarivate.com
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SOURCE Clarivate Plc
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