2023 Say on Pay Reports S&P 500 and Russell 3000 Failure Rate & Pay Vote Analysis Say on Pay vote failure rate sits at lowest level since 2017. January 19, 2024
How to Navigate Your Next Equity Plan Proposal Russell 3000 equity plan proposals are facing historically low shareholder support and higher failure rates in 2023. These headwinds likely reflect both increased shareholder and proxy advisor expectations in equity plan sizing and increased share usage pressure at companies in depressed markets. September 5, 2023
CAP is Fatally Flawed Competitive pay benchmarking, incentive goal rigor analyses, and more traditional realizable pay analyses provide a more exhaustive set of tools to calibrate and assess pay and performance. June 29, 2023
2023 Pay Versus Performance Report S&P 500 and Russell 3000 company performance disclosure tracking CAP to SCT ratios remain positively correlated with TSR over the reported period. May 18, 2023
2022 Say on Pay Reports S&P 500 and Russell 3000 Failure Rate & Pay Vote Analysis Our year-end report recaps proxy voting results and trends for 2022. January 12, 2023
Implications of Elevated Shareholder Expectations Vote results between the two indices have diverged due to a fractured governance landscape and differentiated expectations for “good” governance at large- and small-cap companies. July 11, 2022
2021 Say on Pay Reports 2021 Russell 3000 Average Vote Stays Consistent with Prior Years Despite an Uptick in Failures The historically high S&P 500 failure rate is likely to remain through year-end, while the Russell 3000 failure rate has stayed steady since June. January 27, 2022
Are 2021 Say on Pay Changes Here to Stay? Emerging themes from this year’s Say on Pay and proxy voting season suggests a fundamental shift in shareholder and proxy advisor perspectives on compensation. July 15, 2021