April 10, 2018
“Real Pay Talk” From Investors
– Liz Dunshee
Recently, CII issued this “Roundtable Report: Real Talk on Executive Pay.” It summarizes candid thoughts from a January 2018 meeting among representatives of Vanguard, Norges Bank, NYC Pension Funds, BlackRock, CalPERS, CalSTRS & others – and it’s worth a read. The report covers 4 pay topics:
1. Magnitude
2. Design & Complexity
3. Transparency
4. Purpose & Meaning of “Say-on-Pay”