Investors need to be ready to vote on "Say on Pay" at the annual meeting as well as assess pay practices beforehand. But with so many holdings, how can they possibly conduct detailed research on each?

Download this white paper to read The Corporate Library's "10-Point Test" designed to help investors filter companies to determine whether additional research is necessary.

Depending on an investor’s focus, failing any one of these compensation smell tests might necessitate a more detailed review, though for most, failing more than three or four would be enough to prod them to a closer analysis.