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CNBC | June 9, 2022: "Amid record inflation and a labor market with two open positions for every worker, the average annual salary increase reached 4.8%, the highest pay bump in decades for employees. And it’s still not enough, according to many companies. More pay raises are on the way at the mid-year mark.

That’s according to a new survey of decision makers, including chief human resource officers and corporate boards, at companies across the economy conducted by compensation consulting firm Pearl Meyer in May."

We offer actionable ideas for going beyond naming a new CEO and developing leaders for the long term.

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Guiding leadership strategy is not always straightforward, yet it is essential for organizational success. Compensation can be an effective catalyst.

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