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What Future Leaders Want from Executive Pay
Executive compensation is undergoing a significant transformation, moving beyond traditional models shaped by past economic events and regulatory mandates. As a new generation, primarily millennials and Generation Z, ascend to leadership positions, their distinct values and expectations are reshaping how companies approach executive pay. This shift challenges conventional practices, prompting organizations to reevaluate compensation strategies to align with evolving priorities.
This article delves into the critical factors influencing these changes, exploring how future leaders' preferences for corporate social responsibility, stability, and personalized benefits are driving innovative approaches to executive incentives. Understanding these generational influences is crucial for boards and management teams aiming to attract, retain, and motivate the next wave of corporate stewards.
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BJ Firmacion is a director with WTW’s Executive Compensation and Board Advisory practice in North America.

Becky Huddleston is a managing director and coleader of WTW’s Executive Compensation and Board Advisory practice in North America.

Mike Oclaray is a senior director with WTW’s Executive Compensation and Board Advisory practice in North America.
WTW is a NACD partner, providing directors with critical and timely information, and perspectives. WTW is a financial supporter of the NACD.
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