ISS-Corporate U.S. Compensation Analysis Finds Record CEO Pay and Continued Normalization of Pay Practices Post-Pandemic
NEW YORK (October 16, 2025) – ISS-Corporate, a leading provider of robust SaaS and expert advisory services to companies globally, today announced the release of its 2025 U.S. Compensation Post-Season Review report, analyzing trends in CEO pay at U.S. public companies in the 2025 proxy season. The report examines trends in pay-related themes including overall CEO pay increases, perquisites, say-on-pay resolutions and incentive programs.
Key findings include:
- Median S&P 500 CEO pay reached an all-time high in fiscal 2024, with a 6 percent increase over the previous year. Russell 3000 (excluding S&P 500) CEOs saw even sharper increases in median pay, at 11 percent growth. Pay growth was largely driven by increases in the value of long-term incentives.
- The value of CEO security perquisites increased sharply among S&P 500 companies, underscoring increased safety concerns following the December 2024 tragic event involving the United Healthcare CEO. Since 2020, the number of S&P 500 companies disclosing CEO security benefits has nearly doubled. The median value of security perquisites more than doubled over the same period, to a median value of $76,032 as of June 30, 2025.
- Despite record levels of CEO pay, median support levels for say-on-pay resolutions remained strong (92.7 percent for S&P 500) during the 2025 meeting season, with the number of failed say-on-pay votes well below levels observed between 2021 and 2023. Fewer instances of discretionary pay adjustments and one-time grants likely contributed to strong shareholder support for compensation packages.
- Dramatic declines in the usage of diversity, equity and inclusion (DEI) and climate-related metrics after a period of rapid adoption in the past few years suggest a shift in corporate priorities and disclosure practices. The number of Russell 3000 companies implementing DEI metrics in short- or long-term incentive programs saw a drop of nearly 42%.
Despite record CEO pay, strong support for say-on-pay underscored the investor sentiment that executive pay was generally aligned with strong market performance this proxy season,” said Jun Frank, Head of Compensation & Governance Services at ISS-Corporate. “However, the relative peace many issuers have enjoyed the past couple years may be short-lived, as market volatility increases.
To read the full report, please click here.
Editor’s Note: A previous version of this press release incorrectly listed the median value of S&P 500 security perquisites as $28,382 as of June 30, 2025. This correct figure, as reflected above, is in fact $76,032. We apologize for the error.
