Focusing on executive retention is important in any economy
Find success by refreshing your compensation philosophy and building out your executive compensation toolbox.
The Great Resignation has caused severe retention issues at many firms at every level. Voluntary turnover was up 41% in 2022 and up to two-thirds of workers are looking for a new job. While the labor market showed signs of cooling in 2023, retaining and motivating your top executives is important in any economic climate or cycle. Organizations are implementing defensive strategies to lock in their high-performing executive teams.
Compensation philosophy refresh
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