CEO Today - May 2023

Employee Compensation Despite Financial Pressures Today, Vistage, the world’s leading business performance and leadership advancement organisation for small and medium sized businesses, released its quarterly SME CEO Confidence Index for Q1 2023. The report suggests that even though business leaders are feeling significant financial pressures, due to the downward turn of the global economy, the vast majority (70%) of CEOs anticipate that their firm’s revenue will increase during the next 12 months. Overall business confidence rose to 104.7 in the first quarter of 2023, compared to 80.1 Q4 in 2022 - an increase of 30.71%. Businesses Prioritise

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