The Advisors' Blog

– Liz Dunshee

This article from Semler Brossy’s Blair Jones outlines four ways in which the compensation committee can foster strategic diversity initiatives (also see Calvert’s 32-page “Diversity Report”):

1. Monitor company-wide diversity & inclusion initiatives – and mentor high-potential individuals

2. Succession planning – including CEO direct reports and the long-term talent pipeline

3. Oversee annual compensation actions – this blog describes how some companies are now linking pay to diversity goals

4. Lead the company’s process to address gender pay equity – shareholders and employees are very interested in this topic, and you don’t want to be caught flat-footed