New challenges, new roles: The evolution of the compensation committee

What do human capital management, succession planning, employee engagement, diversity, equity, and inclusion, and leadership training and development all have in common? They are common new responsibilities and areas of oversight under the purview of today’s compensation committees, expanding their mandate beyond executive pay and benefits.

Since 2016, the percentage of S&P 500 company compensation committees with a title signaling a mandate broader than just compensation has risen from roughly one-third to just over 50 percent, according to Mercer’s research. READ MORE