MUMBAI: Billionaire Mukesh Ambani ’s Reliance Industries has lined up a scheme where 10-15% of the salaries of its top 100 performers will be rolled out as stocks if they have been with the company for three years in a bid to retain talent, people with direct knowledge of the plan said.This retention measure, christened Long-Term Incentive Plan LTIP ), will be for the high potentials in the group who earn Rs 2 crore on an average. The programme could mean stocks worth more than Rs 20-30 lakh over and above the salary.Long-term incentives are offered either as employee stock options or cash after the individual completes a stipulated period of time in employment, usually a minimum of three years. Looked upon as a retention measure, LTIs are common in sectors where attrition is high, such as information technology and ecommerce.“Sharing of wealth this way is new to the business group and will also become a good retention method,” said an employee at RIL, aware of the development, but did not want to be identified. RIL did not respond to email sent from ET.Consulting firms who work on compensation structures may be brought in too. However, this bonus is only meant for their top 100 performers and may not be available for employees in other levels. The oil-to-retail business house is working very closely with BP on the new compensation structure. BP is Reliance’s strategic partner for his gas exploration business.Consultants say the stocks could work as a hook to retain employees at the top level. “Why not? It is yet to be decided if the stocks will be given at face value, market value or at a discounted rate. Who would not want a Reliance share?” said the head of a consulting company aware of the new structure.For the past three years, RIL shares have been trading between Rs 800 and Rs 1,000 and have stayed determinedly away from its 2008 peak of Rs 1,600, even after the launch of JIO in August. RIL shares closed atRs 1,082.35, up 0.62% on BSE on Monday.If this new salary structure gets implemented, then the Ambani-owned group will be the second to offer LTIPs this year. This April, India’s oldest business house Tata Sons proposed to reward top-rung executives at the group for loyalty with longterm incentives (LTIs) in the form of cash.The salt-to-software conglomerate has left it to their 100 plus companies to decide on how they want to implement the new salary structure proposed by the group. The group has seen few exits in the last couple of years. However, it is yet to be confirmed if the salary structure will include the top brass of Reliance Jio.The telecom company has seen quite a handful of exits in the past couple of years, including Sandeep Das, who left Reliance Jio almost after two years as managing director in October 2015. Sumit Chowdhury, was chief information officer (CIO) for one year and then moved into business leadership role for defining and setting up the Enterprise Business of Jio, before he left. SN Sharma, a part of the leadership team to drive Reliance Jio’s cable distribution business, also quit.Amongst the HR team too there have been swift exits. This month, Ashwani Dahiya, senior vice-president and group head of performance, reward and organisation development at RIL, resigned.In July 2015, Prabir Jha resigned as the chief human resources officer. Over the next few months, Harlina Sodhi, who was the head of employee engagement, communication, diversity, HR academy and change management; Rajeev Ranjan, who held the post of vice-president of HR at Reliance Foundation; and Vikram Bector, the company’s chief talent officer, also quit.