FORTUNE – Compensating ERG leaders effectively involves recognizing their contributions through both financial and non-financial incentives. Providing bonuses, additional stipends, or salary increases can acknowledge their extra responsibilities. Offering professional development opportunities, such as leadership training or mentorship programs, can enhance their skills and career growth. Public recognition and formal awards also serve as meaningful rewards. Ensuring ERG leadership roles are included in performance reviews helps highlight their importance. Tailoring compensation to reflect the unique value ERG leaders bring to an organization is crucial for maintaining motivation and engagement.
By PAIGE MCGLAUFLIN | JUN 27, 2024