# Say on Pay

*Regulation & Compliance — Finicade finance glossary*

Say on pay gives shareholders a periodic vote on executive compensation, advisory in the US and binding in some other jurisdictions. Failed votes are rare and embarrassing, and they reliably produce pay-plan redesigns even where the vote isn't binding. Its measurable effect has been more on the structure of pay — more performance conditions, longer vesting — than on its level.

**Also known as:** say-on-pay vote, remuneration vote

**Related terms:** [Proxy Statement](https://finicade.com/glossary/proxy-statement), [Corporate Governance](https://finicade.com/glossary/corporate-governance), [Agency Problem](https://finicade.com/glossary/agency-problem), [Golden Parachute](https://finicade.com/glossary/golden-parachute), [Shareholder Rights](https://finicade.com/glossary/shareholder-rights)

Source: https://finicade.com/glossary/say-on-pay