Nine Additional Companies Fail Say on PayZoom inDownload PDF
1,804 Russell 3000 companies have filed CEO Pay Ratio disclosures in 2018. The median of ratios filed thus far is 72:1, and the median of median employee compensation is $63,898. To date, 1,498 Russell 3000 companies have held Say on Pay votes and nine additional companies have failed since our last report – Fluidigm, GenMark Diagnostics, Gentherm, Mattel, Nevro, Ophthotech, Tutor Perini, Whitestone REIT, and Wynn Resorts. The current failure rate (2.1%) is 60 basis points higher than last year’s failure rate. Four environmental (12.1%) and four social (5.0%) proposals have received greater than 50% support in 2018. By comparison, only seven environmental (2.0%) and nine social (1.0%) proposals passed over the previous seven years combined.