Starbucks Shareholders yesterday rejected an eye-popping executive compensation proposal for the C-Suite that included a $1.86 million payout for CEO Kevin Johnson as a performance bonus for fiscal year 2020 along with $50M in “retention pay” if the CEO were to stick around with the company through fiscal year 2022! Although the rejected resolution was non-binding and advisory only, the negative vote is still very rare. ISS Corporate Solutions, the shareholder advisory firm, recommended a no vote on the retention pay resolution, the compensation for which would have been in addition to his regular pay and bonus. And on the average wages front, the U.S. Bureau of Labor Statistics (BLS) this week reported that average hourly earnings decreased 0.2 percent in February from January 2021. The drop stems from and increase of 0.2 percent in wages coupled with a 0.4 percent rise in the Consumer Price Index (CPI). At the same time, real average hourly earnings for all employees increased 3.4 percent from February 2020 to February 2021. That increase couple with a 0.6 percent increase in the average workweek yielded a 4.1 percent increase in real average weekly earnings over the 12-month period.