With companies like Aflac capitulating to ‘say on pay’ resolutions, firms are using IR to defuse tension about their pay policies.
Deemed the issue this proxy season in the US by some experts, ‘say on pay’ has taken on a life of its own. Even American Iros who aren’t at the 50-plus companies with a shareholder vote looming are considering how they might handle an advisory vote on compensation practices.
In February, when Aflac announced it would be the first US company to give shareholders an advisory vote on executive compensation, the concept of say on pay suddenly rocketed onto North American Iros’
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