According to this report from Pearl Meyer and the NACD: “Future of the American Board: Compensation Committee Blueprint,” as of 2022, nearly 50% of the S&P 500 (and 25% of the Russell 3000) had a name for their compensation committee reflecting responsibilities beyond the committee’s traditional purview (e.g., executive and potentially director compensation and CEO performance), and 84% identified one or more nontraditional” responsibilities in their committee charter. The evolution of the compensation committee to encompass human capital, organizational talent, and other nontraditional responsibilities is the focus of this instructive report, which includes-—among other guidance and resources—a committee readiness checklist, a committee charter update checklist, a comparison of responsibilities assigned to traditional scope and expanded scope committees; and an illustrative annual meeting calendar for an expanded scope committee.