From the Wall Street Journal:

Intel Corp. has become the latest company to let shareholders vote on its executive-compensation policies, showing that more big corporations are reacting to concern about high executive pay and indications that Congress will take action.

The computer-chip maker will give shareholders a nonbinding vote on its pay policies -- a "say on pay" vote -- at its annual meeting in May, said Intel Corporate Secretary Cary Klafter. In the past two weeks, both Hewlett-Packard Co. and Occidental Petroleum Corp. moved toward annual shareholder votes on compensation in 2011 and 2010, respectively.

Don't get too excited - these votes, after all, are nonbinding and deciding to hold them is more a gesture than an actual surrender of compensation control on the part of Intel and other companies. Even so, they are a step in the right direction.