Fashion Briefing: Offering company equity is among emerging employee retention strategies

This week, a look at menswear brand Buck Mason’s strategy of offering equity to full-time employees plus other employee retention strategies brewing across the industry. Scroll down to use Glossy+ Comments, giving the Glossy+ community the opportunity to join discussions around industry topics.

The labor market is fluctuating wildly, with headlines about major rounds of layoffs at high-profile companies like Spotify and Hasbro as the national unemployment rate remains low at 3.7%. In step, brand leaders are looking for more ways to keep employees invested and retain their loyalty over the long term.

This is a member-exclusive article from Glossy. Continue reading it on glossy.co and subscribe to continue reading content like this.