As the Dodd-Frank-mandated CEO pay ratio looms large this proxy season, many boards and compensation committees have already completed their calculations and are awaiting the impact. Added as a last-minute mandate to the Dodd-Frank Act in 2010, the CEO pay ratio was established in response to mounting discontent with the widening gap between executive and employee pay.
For those companies who sit at the upper end of the pay spectrum, many questions have abounded: How do we frame the ratio within our pay story? What will be the internal response among employees? How will CEO pay ratios be framed by the media? How will Main Street investors respond?
As we head into the 2018 proxy season, we take a quick look at the current environment, the guidelines offered by investors and proxy advisors, and suggested best practices.
Click here to read the full story from the Boardroom Resources blog: https://boardroomresources.com/insight/ceo-pay-ratio-expect-proxy-season/