2019 Say on Pay Support Is Almost Identical to 2018 YTD ResultsZoom inDownload PDF
Plus, 2019 shareholder proposals on social topics increase substantially
Average Say on Pay vote support for Russell 3000 companies thus far in 2019 (90.5%) is 20 basis points higher than the average vote support observed at this time last year, and the current failure rate (2.7%) is equal to the rate observed at this time last year. Similarly, CEO Pay Ratio values in 2019 are nearly identical to last year. The median year-over-year change in CEO Pay Ratio and median employee compensation by company in the Russell 3000 is +2% and +3%, respectively.
141 social proposals have been submitted thus far in 2019, compared to 108 by the end of last year, as social topics continue to emerge as a prominent focus area among shareholders. Meanwhile, average vote support in Director elections (95.1%) has continued to decrease over the course of the year and could potentially fall below 95.0%.