Median Year-Over-Year Change in Companies’ CEO Pay Ratio is +2%, No Additional Companies Fail Say on PayZoom inDownload PDF
242 Russell 3000 companies have held Say on Pay votes thus far in 2019, and the average vote support is 91.7%. No additional companies have failed Say on Pay since our last report, bringing the failure rate to 1.2%, or 104 basis points below the failure rate at this time last year.
1,527 Russell 3000 companies have filed CEO Pay Ratio disclosures for 2019. The median Pay Ratio filed thus far is 79:1 and the median of median employee compensation is $64,734. The median year-over-year (YoY) change in CEO Pay Ratio by company is +2% while YoY changes at the 25th and 75th percentiles are -13% and +22%, respectively.
142 companies have disclosed alternative CEO ratios – 11% of which are higher than their Pay Ratio using SEC methodology. 46 equity proposals have been submitted thus far and have received an average vote support of 87.9%. Average vote support for Director nominees is 96.3%, a slight increase from vote support in 2018.