2025 Say on Pay Reports
SAY ON PAY RESULTS SAY ON PAY OBSERVATIONS The current Russell 3000 average vote result of 91.5% is 80 basis points lower than this time last year (92.3%) and 60 basis points higher than the index’s 2024 year-end average The current S&P 500 average vote result of 89.5% is 120 basis points lower than this […]
Posted by Austin Vanbastelaer and Justin Beck, Semler Brossy LLC, on Thursday, May 29, 2025
Editor's Note:
Austin Vanbastelaer is a Principal, and Justin Beck is a Senior Consultant at Semler Brossy LLC. This post is based on a Semler Brossy memorandum by Mr. Vanbastelaer, Mr. Beck, Nathan Grantz, and Andrew Fick.
SAY ON PAY RESULTS
SAY ON PAY OBSERVATIONS
- The current Russell 3000 average vote result of 91.5% is 80 basis points lower than this time last year (92.3%) and 60 basis points higher than the index’s 2024 year-end average
- The current S&P 500 average vote result of 89.5% is 120 basis points lower than this time last year (90.7%) and matches the figure from the index’s 2024 year-end average
- The Russell 3000 average vote result thus far in 2025 is 200 basis points higher than the average vote result for the S&P 500
- These initial summary vote results continue a multiyear trend of positive early-season vote support; it is still a small sample and summary results are likely to change over the course of the year
