According to CFO.com today, insurance company Aflac announced yesterday it will become the first major company to provide shareholders with a non-binding vote on executive pay packages. The company reportedly came to its decision in response to behind-the-scenes discussions with union activists. The first vote will take place in 2009 since that will be the first year that the executive compensation tables in Aflac's proxy statement will contain three years of data, reflecting the Securities and Exchange Commission's new disclosure rules.

What are your views on say on pay? Do you anticipate more companies giving shareholders a say on executive pay packages? We welcome your thoughts.