Based on the revised metric, Hazen received $3.52 million in part because the company's earnings exceeded the new threshold by 167 percent. BlackRock said it is increasing its engagement with companies about pay and that it voted against the re-election of over 690 compensation committee directors responsible for setting executive pay at 350 companies in 29 global markets last year. Had the goalposts not been moved, the filings show, the company's performance would have cleared the threshold by only 44 percent, resulting in far lower incentive pay. Later that day, the company agreed to raise its wages to $15 an hour. Large asset managers like BlackRock, Fidelity and Vanguard typically vote in favor of CEO pay.
The company went over the pay limits placed on them.
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(z0 / go-over-26
    :ARG0 (z1 / company)
    :ARG1 (z2 / limit-01
              :ARG1 (z3 / pay-01)
              :ARG1-of (z4 / place-01
                           :ARG2 z1)
              :ARG2 z1))
The company went over the pay limits placed on them .
z0 :ARG0 z1
z2 :ARG1 z3
z0 :ARG1 z2
z2 :ARG2 z1
z2 :ARG1-of z4
z4 :ARG2 z1