LinkedIn is the latest tech company to establish a compensation model for the leaders of its employee resource groups, planning to pay the 20 global co-chairs of the 10 groups $10,000 annually for two-year terms.
The new model — following in the footsteps of Twitter and Justworks — is intended to remedy the many hours of unpaid, volunteer work that ERG leaders often have to commit. The company is also establishing a non-financial compensation model for more than 500 ERG leaders.
"Historically, these employees take on leadership roles and the associated work in addition to their day jobs, putting in extra time, energy, and insight. And despite the tremendous value, visibility and impact to the organization, this work is rarely rewarded financially," Teuila Hanson, chief people officer at LinkedIn, told Axios.