The fine line between executive talent management and growing business revenue is becoming more readily apparent to corporate leaders and board members. As companies continue to develop innovative compensation programs, most decision-makers are seeking to fine-tune succession planning and workforce analytics.
Managing executives may be cumbersome for some companies, but new data point to boards taking on more of this responsibility. Year-over-year, board oversight has increased in the following areas: succession planning (69%), executive candidate evaluation (69%), leadership development (40%) and workforce metrics (33%), according to Mercers annual Executive Rewards Survey.
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