Say on Pay Research Featured in CNN Money
Semler Brossy’s Say on Pay research was recently cited in the CNN Money article, “Big banks’ annual meetings could be especially stormy this year.”
“Losing a say on pay vote is not common. According to pay advisors Semler Brossy, a survey of more than 2,200 companies in the Russell 3000 shows that approximately 91% of the companies passed with over 70% shareholder approval in 2013. The total number of companies that failed was only 57. Not only that, but since this is an advisory vote only, companies do not have to make any changes as a result, though most do.”
Learn more by browsing previous Say on Pay reports.