WCD and Pearl Meyer Report: Directors, Prepare for More
Presented by WCD and Pearl Meyer
Over the last decade, diversity, equity and inclusion (DE&I) has been elevated as a critical issue for boards and management teams. A recent survey conducted by WCD and Pearl Meyer, shows a consistent theme: more. Directors are more involved than they’ve been in the past when it comes to DE&I discussions.
These survey findings, complemented by perspectives from WCD members and Pearl Meyer senior consultants, can help inform, guide and accelerate action as boards and management teams look more holistically across the organization to address DE&I and build cultural norms and operational structures to help achieve their goals.
- 75% of organizations track diversity in new hires.
- 65% of companies utilize targeted communication to employees as the primary communication method on DE&I.
- DE&I is integrated into annual incentive plans such as individual management business objectives, the company’s overall business plan, or an ESG scorecard.
- Six interrelated steps that can lead to an improved DE&I environment.
About Pearl Meyer
Pearl Meyer is the leading advisor to boards and senior management on the alignment of executive compensation with business and leadership strategy, making pay programs a powerful catalyst for value creation and competitive advantage. Pearl Meyer’s global clients stand at the forefront of their industries and range from emerging high-growth, not-for-profit, and private companies to the Fortune 500 and FTSE 350. The firm has offices in Atlanta, Boston, Charlotte, Chicago, Houston, London, Los Angeles, New York, Rochester, and San Jose. To learn more about Pearl Meyer visit www.pearlmeyer.com.