View

Beware the sting in tail for executives linking pay to diversity

There may be unintended consequences that firms need to consider and be mindful of

Tuesday 7 December 2021 at 13:55

Without solid data or long-term incentives, pay proposals might fall flat
Without solid data or long-term incentives, pay proposals might fall flat Photo: Getty Images

Bradley Richardson is a partner in Linklaters' employment and incentives practice. Laurie Ollivent is a senior associate at the firm.

City regulators are focused on how diversity and inclusion can support better decision-making, better outcomes, and better risk management. Could linking progress on diversity to pay drive accountability in firms and incentivise progress?