“Some companies are reluctant to push up [executive] pay during a period where mass layoffs, especially in tech, have become commonplace,” said Aalap Shah, managing director, Pearl Meyer.

“We’re actually going to see a year-on-year decrease in compensation levels in the tech sector as a demonstration to shareholders that companies are actually being more judicious and with an eye [toward] future profitability,” said Aalap Shah, managing director, Pearl Meyer.

“The vast majority of my clients in the tech industry are planning to cut their executives’ pay this year by giving them smaller equity packages,” said Aalap Shah, managing director, Pearl Meyer.

“It will be difficult for many [tech] companies to not reduce the number of shares that the executives are getting," said Aalap Shah, managing director, Pearl Meyer.

“Passing [say-on-pay] by 60 percent or passing by 70 percent is almost like failing,” said Jan Koors, senior managing director, Pearl Meyer.  

“With disclosures getting more regimented and compliance-oriented, maybe [companies] have decided they don’t want to be involved in an SEC enforcement action,” said Deborah Lifshey, managing director, Pearl Meyer.