Published on: February 4, 2022
Topics: Compensation Committee and Board, Executive Pay Plan Design
View results of the Center On Executive Compensation's annual survey of members regarding changes to their compensation plans. Results here reflect changes in 2021 and planned changes for 2022. This year, a question was included on how the inflationary environment is impacting compensation planning.
See full results and analysis here.
Survey findings include:
- Two thirds of respondents reported that they made changes to the annual plan in 2021.
- Approximately eight in ten respondents reported changes to the annual plan for 2022.
- Nearly half of respondents made changes to the long-term plan in 2021.
- Approximately two-thirds of respondents will make changes to the long-term plan for 2022.
- Over half of respondents are either now using a D&I metric in their incentive plan or implementing one for 2022.
- 14% of respondents reported receiving a shareholder proposal related to gender pay equity, board diversity, human capital disclosures/workforce demographics, ESG risk, executive compensation, or related governance issues in 2021.
- Approximately 41% of respondents are adjusting the merit budget to account for inflation while 38% are not making changes at this time.
Thank you to all Center members who took the time to respond to this survey!