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Editor’s Note: Workspan Daily will be publishing a monthly executive compensation column fromWillis Towers Watson for the benefit of our readers and to encourage further discourse on topics vital to compensation professionals. New to WorldatWork? Please feel free to join the discussion in our new online community,Engage, or send your thoughts firstname.lastname@example.org.
Executive compensation has become increasingly sensitive and is under heightened scrutiny. During the past two years the environment in which businesses operate has changed dramatically. The COVID-19 pandemic, rise of stakeholder capitalism, intensified talent mobility, regulatory changes and other external factors will continue to impact the governance of executive pay and performance programs.