This Week in Leadership
The ‘Great Resignation’ Forges On
Another 4 million resignations in July highlight how Americans are on an unprecedented quitting binge. But as hiring slows down, what awaits them?
Boards are seeking more experienced directors and more women, paying them more, and meeting more frequently:
Previous Board Experience: 78% of directors had previous board experience in 2015 vs. 58% in the Class of 2011.
Women: 60% of boards had at least 3 women in 2015 vs. 37% in 2012.*
Compensation: 69% of directors received cash compensation of at least $75,001 in 2015 vs. 54% in 2011.
Meeting frequency: 62% of boards had 8 or more board meetings in 2015 vs. 49% in 2011.
Stay tuned for the complete KFMC100, focusing on the enhanced role of the lead director, by the end of 2016.
*Data for women unavailable until 2012