Compensation Committee Priorities for 2023

The importance of talent continues to be a factor in driving an organization’s success. As a result, many compensation committees have expanded their roles and responsibilities beyond executive and board compensation into increased human capital and social issues impacting the organization. This requires staying abreast of compensation trends, enhancing the human capital experience, and providing frequent and transparent communications and reporting. Directors who have prioritized values, culture, strategy, purpose, and resilience will continue to lead companies through the next iteration of challenges in 2023.