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Many U.S. public corporations experienced relatively little immediate impact from the first say-on-pay proxy season; however, most companies are either planning or considering changes to their executive pay-setting process and overall preparations for 2012’s proxy season, according to a new survey by Towers Watson.

Seventy-nine percent of respondents say say-on-pay either had no or only a little to moderate impact on their focus for the 2011 proxy season, the survey shows, while 72 percent of respondents plan to dedicate approximately the same effort next year.

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