Cash talks, because the previous saying goes. However will that find yourself being the case in the case of progress on variety, equality and inclusion?
Plainly’s a philosophy a rising variety of firms are subscribing to, selecting to make leaders extra accountable for DE&I by tying senior bonuses to progress. PWC’s 2022 global CEO survey confirmed that 11% of worldwide CEOs have gender illustration targets of their annual bonus or long-term incentive plans, whereas 8% have the identical for racial and ethnic variety targets.
It’s a technique firms like international promoting community Dentsu, Common Motors (GM) and McDonalds have carried out, centering a component of senior bonuses round assembly DE&I targets.
For the total story first reported on and revealed by Digiday sibling WorkLife, click here.