In a letter dated November 24, 2014, three influential members of the House GOP, including Financial Services Committee Chairman Jeb Hensarling (R-TX), urged SEC Chair Mary Jo White to delay the final pay ratio rule.
This Agenda opinion piece by Center Executive Vice President Shelly Carlin suggests the growing homogenization of pay plans has been driven to a large extent by proxy advisory firms in light of say on pay, and urges compensation committees to avoid prevalent pay practices that may not fit their companies.
The Center On Executive Compensation filed comments with the U.S. Securities and Exchange Commission reiterating its views on the implementation of the Dodd-Frank pay for performance disclosure and responding to recent comments by the Council of Institutional Investors and the AFL-CIO
The 2013 proxy season saw more companies receive higher shareholder support for their say on pay proposals. For S&P 500 companies, the average shareholder support for say on pay was nearly 91%.
According to a recent Towers Watson survey, only 1 in 10 employers believe the pay ratio will provide important information to investors.