No Additional Companies Fail Say on Pay

No Additional Companies Fail Say on PayZoom inDownload PDF

1,042 Russell 3000 companies have filed CEO Pay Ratio disclosures in 2018. The median of ratios filed thus far is 76:1, and the median of median employee compensation $61,341. To date, 146 Russell 3000 companies have held Say on Pay votes and no additional companies have failed since our last report. While early in the proxy season, if the current failure rate (3.4%) were to continue, it would be the highest observed rate since voting began. In addition, the current average vote support is 200 basis points lower than the 2017 average.