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Say-on-Pay Support Hits Record High in 2014
Society for Human Resource Management [SHRM] July 14, 2014
"Management say-on-pay proposals hit a record high of 2,229 in 2014, a 14.4 percent jump in the volume of advisory pay votes from 1,948 in 2013. Average support level for the 2014 management say-on-pay proposals were at a record 91.7 percent of votes cast, up slightly from 91.5 percent in 2013 and 90.7 percent in 2012. Only 51 of the 2,229 proposals failed to win majority shareholder backing."
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