2022 has been a dynamic year for executive compensation. Market volatility, the war for talent, inflation pressures and the increasing focus on ESG issues have led compensation committees to reevaluate the effectiveness of their executive compensation programs in the current environment.

To gain a clearer view of the key issues boards and their compensation committees have faced in 2022, Corporate Board Member and Compensation Advisory Partners (CAP) surveyed more than 200 public company directors. In this report, we present our findings and share our views on how these issues may continue to impact executive compensation programs well into the year ahead.