Use these links to rapidly review the document
TABLE OF CONTENTS

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 14A INFORMATION

Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934

Table of Contents

February 29, 2016

Dear Shareholder:

        On behalf of our Board of Directors and management, we cordially invite you to attend our Annual Meeting of Shareholders on Thursday, June 9, 2016 (the "Meeting"). The Meeting will be held at the offices of Volt Information Sciences, Inc., located at 2401 N. Glassell Street, Orange, California 92865, at 10:00 a.m. (PDT).

        The Notice of Meeting and Proxy Statement accompanying this letter describe the business we will consider at the Meeting. Your vote is very important. I urge you to vote to be certain your shares are represented at the Meeting even if you plan to attend. Most shareholders have a choice of voting over the Internet, by telephone or by using a traditional proxy card. Please refer to your proxy materials or the information forwarded by your bank, broker or other holder of record to see which methods are available to you.

Michael D. Dean
President, Chief Executive Officer and Director

Table of Contents

Notice of Annual Meeting
of Shareholders To Be Held Thursday, June 9, 2016

        The Annual Meeting of Shareholders of Volt Information Sciences, Inc. will be held on Thursday, June 9, 2016, at the offices of the Company, located at 2401 N. Glassell Street, Orange, California 92865, at 10:00 a.m. (PDT). At the Meeting, shareholders will be asked to:

•

elect seven directors;



•

ratify the appointment of Ernst & Young LLP as the Company's independent Registered Public Accounting Firm for fiscal year 2016;



•

approve, on a non-binding, advisory basis, the Company's executive compensation as disclosed in these proxy materials;



•

approve the Company's 2015 Equity Incentive Plan; and



•

consider any other business, if properly raised.

        You may vote at the Meeting if you were a shareholder of the Company at the close of business on May 13, 2016, the record date for the Meeting.

By Order of the Board of Directors.

Michael D. Dean
President, Chief Executive Officer and Director

New York, New York
February 29, 2016

Please sign and return the enclosed proxy card in the postage-paid envelope provided or, if you prefer, please follow the instructions on the enclosed proxy card for voting by telephone or via the Internet. You may access additional information at www.proxyvote.com for voting instructions as well as to view the Proxy Statement and Annual Report online.

Table of Contents

Volt Information Sciences, Inc.

Proxy Statement
2016 Annual Meeting of Shareholders

TABLE OF CONTENTS

i

Table of Contents

ii

Table of Contents

Volt Information Sciences, Inc.
Proxy Statement
2016 Annual Meeting of Shareholders

GENERAL INFORMATION

Why did I receive this Proxy Statement?

        The Board of Directors (the "Board") of Volt Information Sciences, Inc. (the "Company", "we" or "us") is soliciting proxies for the 2016 Annual Meeting of Shareholders (the "Meeting") to be held on Thursday, June 9, 2016, at the offices of the Company, located at 2401 N. Glassell Street, Orange, California 92865, at 10:00 a.m. (PDT) and at any adjournment of the Meeting. When the Company asks for your proxy, we must provide you with a proxy statement (this "Proxy Statement") that contains certain information specified by law. This Proxy Statement summarizes the information you need in order to vote at the Meeting.

        The Company's Annual Report, Letter to Shareholders, Notice of Annual Meeting, Proxy Statement and proxy card are being mailed to shareholders beginning on or about May 19, 2016.

What will I vote on?

        The following items:

•

election of seven directors;



•

ratification of the appointment of Ernst & Young LLP as the Company's independent Registered Public Accounting Firm for fiscal year 2016;



•

approval of, on a non-binding, advisory basis, the Company's executive compensation as disclosed in these proxy materials;



•

approval of the Company's 2015 Equity Incentive Plan; and



•

other matters that may properly be brought before the Meeting.

Will there be any other items of business on the agenda?

        We do not expect any other items of business at the Meeting. Nonetheless, if there is an unforeseen need, your proxy will give discretionary authority to Michael D. Dean, President and Chief Executive Officer, and Paul Tomkins, Senior Vice President and Chief Financial Officer, to vote on any other matters that may be properly brought before the Meeting. These persons will use their best judgment in voting your proxy.

Who is entitled to vote?

        Shareholders as of the close of business on the record date, which is Friday, May 13, 2016, may vote at the Meeting.

How many votes do I have?

        You have one vote at the Meeting for each share of common stock you held on the record date.

What constitutes a quorum for the Meeting?

        A quorum is necessary to conduct business at the Meeting. A quorum requires the presence at the Meeting of 35% of the outstanding shares entitled to vote, in person or represented by proxy. You are part of the quorum if you have voted by proxy. As of February 12, 2016, 20,830,457 shares of Company common stock were issued and outstanding.

Table of Contents

How do I vote?

        You can vote either in person at the Meeting or by proxy without attending the Meeting. We urge you to vote by proxy even if you plan to attend the Meeting so we will know as soon as possible that enough votes will be present for us to hold the Meeting. If you attend the Meeting in person, you may vote at the Meeting and your earlier proxy will not be counted.

May I vote by telephone or via the Internet?

        Yes. Instead of submitting your vote by mail using the enclosed proxy card, you may be able to vote on the Internet or by telephone. Please note that there are separate Internet and telephone voting arrangements depending on whether you hold your shares:

•

as the registered shareholder, also known as the "shareholder" or "holder" of record (that is, if you own shares directly in your own name and they are either kept at our transfer agent or are in your possession); or



•

as the "beneficial owner", also known as holding the shares in "street name" (that is, if your shares are held for you by your bank, broker or other holder of record).

        If you are a registered shareholder, you may vote by telephone or via the Internet by following the instructions on your proxy card.

        If you are a beneficial owner, please refer to the information forwarded by your bank, broker or other holder of record to see which options are available to you. Most brokers and banks offer voting by telephone and via the Internet as well as by mail.

        If you vote via the Internet, you may incur costs, such as usage charges from Internet access providers and telephone companies. You will be responsible for these costs.

What should I do if I want to attend the Meeting?

        All shareholders of the Company may attend the Meeting. Please bring your admission ticket or proof of ownership of the Company's stock to enter the Meeting. When you arrive at the Meeting, you may be asked to present photo identification, such as a driver's license, to be admitted.

•

If you are a registered shareholder, you will find an admission ticket attached as part of the proxy card sent to you. If you plan to attend the Meeting, please bring this portion of the proxy card with you to the Meeting. If you opted to receive your proxy materials electronically, please print out the admission ticket you will find online and bring it with you.



•

If your shares are held in the name of your bank, broker or other holder of record, please bring proof of ownership to be admitted to the Meeting. A recent brokerage statement or letter from your bank or broker is an example of proof of ownership.

        For safety and security reasons, no cameras, recording equipment, electronic devices, large bags, briefcases or packages will be permitted in the Meeting.

How do I vote my shares in the Volt Information Sciences, Inc. Savings Plan

        If you received this Proxy Statement because you are an employee of the Company who participates in this plan and you have shares of common stock of the Company allocated to your account under this plan, you may vote your shares held in this plan as of May 13, 2016, by mail, by telephone or via the Internet. Instructions are provided on the enclosed proxy card. The tabulator must receive your instructions by 4:00 p.m. (EDT) on June 7, 2016 in order to communicate your instructions to the plan's Trustee, who will vote your shares. Any plan shares for which we do not

2

Table of Contents

receive instructions from the employee will be voted by the Trustee in the same proportion as the shares for which we have received instructions.

Can I revoke or change my vote?

        Yes. If you are a shareholder of record, you have the right to revoke your proxy at any time before the Meeting by sending a signed notice to the Company's Secretary, Volt Information Sciences, Inc., 1133 Avenue of the Americas, New York, New York 10036. If you want to change your vote at any time before the Meeting, you must deliver a later dated proxy by telephone, via the Internet or in writing. You may also change your proxy by voting in person at the Meeting.

        If you are a beneficial owner, please refer to the information forwarded by your broker, bank or other holder of record for procedures on revoking or changing your proxy.

What are the costs of soliciting these proxies and who will pay them?

        The Company will pay all costs of soliciting these proxies. In addition, some of our officers and employees may solicit proxies by telephone or in person. We will reimburse banks and brokers for the expenses they incur in forwarding the proxy materials to you. D.F. King & Co, Inc. will assist us with the solicitation of proxies for an estimated fee of $8,000 plus reasonable out-of-pocket costs and expenses. The agreement with D.F. King contains customary indemnification provisions.

How many votes are required for the approval of each item?

•

Item 1—A plurality of votes cast at the Meeting in person or by proxy is required for the election of each nominee to serve as a director.



•

Item 2—The affirmative vote of a majority of votes cast at the Meeting in person or by proxy is required to ratify the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for fiscal year 2016.



•

Item 3—The affirmative vote of a majority of votes cast at the Meeting in person or by proxy is required to approve, on a non-binding, advisory basis, the Company's executive compensation as disclosed in these proxy materials. This vote is advisory and not binding on the Company, the Board or the Human Resources and Compensation Committee of the Board of Directors (the "Compensation Committee") in any way. To the extent there is any significant vote against the executive compensation as disclosed in this Proxy Statement, the Board and the Compensation Committee will evaluate what actions, if any, may be necessary to address shareholder concerns.



•

Item 4—The affirmative vote of a majority of votes cast at the Meeting in person or by proxy is required to approve the Company's 2015 Equity Incentive Plan.

Are abstentions and broker non-votes part of the quorum?

        Yes. Abstentions and broker non-votes count as "shares present" at the Meeting for purposes of determining a quorum.

What are broker non-votes?

        If your shares are held by a broker, the broker may require your instructions in order to vote your shares. If you give the broker instructions, your shares will be voted as you direct. If you do not give instructions, one of two things can happen depending on the type of proposal. If the proposal is considered "routine", the broker may vote your shares in its discretion. For other proposals, the broker may not vote your shares without your instructions. When that happens, it is called a "broker non-vote."

3

Table of Contents

        Item 2 in this Proxy Statement (ratification of the appointment of Ernst & Young LLP as the Company's independent Registered Public Accounting Firm for fiscal year 2016) will be considered routine and the broker may vote your shares for this Item in its discretion. The broker is not entitled to vote your shares on the other Items unless the broker has received instructions from you.

Who will count the vote?

        Votes at the Meeting will be counted by the inspectors of election appointed by the Board.

What if I do not vote for some or all of the matters listed on my proxy card?

        If you are a registered shareholder and you return a signed proxy card without indicating your vote for some or all of the matters, your shares will be voted as follows for any matter you did not vote on:

•

for the nominees to the Board listed on the proxy card;



•

for the ratification of the appointment of Ernst & Young LLP as the Company's independent Registered Public Accounting Firm for fiscal year 2016;



•

for approval of, on a non-binding, advisory basis, the Company's executive compensation as disclosed in these proxy materials; and



•

for approval of the Company's 2015 Equity Incentive Plan.

How do I submit a shareholder proposal for the 2017 Meeting?

        There are two different deadlines for submitting shareholder proposals. If a shareholder wishes to have a proposal considered for inclusion in next year's Proxy Statement, pursuant to Rule 14a-8 of the Securities Exchange Act of 1934, as amended, the proposal must be received by us at our principal executive offices no later than January 1, 2017. If a shareholder intends to submit a proposal that is not intended to be included in our Proxy Statement, or to nominate a candidate for director, he or she must give the Company written notice no earlier than 150 days and no later than 120 days prior to April 30, 2017 and must otherwise comply with the requirements set forth in our Amended and Restated By-Laws (the "By-Laws"). Copies of the By-Laws are available to shareholders free of charge on request to the Company's Secretary, Volt Information Sciences, Inc., 1133 Avenue of the Americas, New York, New York 10036.

Where can I find the voting results?

        We will publish voting results in a Form 8-K which we will file with the SEC shortly after the vote is certified. To view this Form 8-K online, visit the Company's Investor Relations Web site at http://www.volt.com/template_vis_investors.

        Can shareholders and other interested parties communicate directly with our Board? If so, how?

        Yes. You may communicate directly with one or more members of the Board by writing to the Company's Secretary, Volt Information Sciences, Inc., 1133 Avenue of the Americas, New York, NY 10036. The Company's Secretary will then forward all questions or comments directly to our Board or a specific director, as the case may be.

4

Table of Contents

Item 1.    Election of Directors

        At this year's Meeting, the Board proposes that the following nominees, all of whom are currently serving as directors, be elected until the next annual meeting of stock holders and until their respective successors have been duly elected and qualified. The Board has no reason to believe that the persons named below will be unable or unwilling to serve as nominees or as directors if elected.

        Assuming a quorum is present, the seven nominees receiving the highest number of affirmative votes of shares entitled to be voted for such persons will be elected as directors of the Company until the next annual meeting of stockholders and until their respective successors are duly elected and qualified. In the event that additional persons are nominated for election as directors, the proxy holders intend to vote all proxies received by them in such a manner as will ensure the election of the nominees listed below, and, in such event, the specific nominees to be voted for will be determined by the proxy holders.

The Board recommends that you vote FOR each of the following nominees:

•

James E. Boone



•

Nicholas S. Cyprus



•

Michael D. Dean



•

Dana Messina



•

John C. Rudolf



•

Laurie Siegel



•

Bruce G. Goodman

        Please see "Directors, Executive Officers and Corporate Governance—Directors and Executive Officers" for information showing the principal occupation or employment of the nominees for director, the principal business of the corporation or other organization in which such occupation or employment is carried on, and such nominees' business experience during the past five years. Such information has been furnished to the Company by the director nominees.

5

Table of Contents

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
MANAGEMENT AND RELATED SHAREHOLDER MATTERS

        The following table sets forth information, as of February 12, 2016 (except as described in the footnotes to the following table), with respect to the beneficial ownership of our common stock, our only class of voting or equity securities, by (a) each person who is known to us to own beneficially more than five percent of the outstanding shares of our common stock, (b) each of the 2015 named executive officers (the "2015 Named Executive Officers"), (c) each of our directors and director nominees, and (d) all current executive officers and directors as a group. Unless otherwise indicated, the address for each individual listed below is c/o Volt Information Sciences, Inc., 1133 Avenue of Americas, New York, New York, 10036.

6

Table of Contents

7

Table of Contents

8

Table of Contents

DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

Directors and Executive Officers

        The names of our current directors and executive officers and their ages, positions, biographies and outside directorships are set forth below. Also included for our directors is information regarding their specific experience, qualifications, attributes and skills that led to the conclusion that each director should serve on our Board. Our executive officers are appointed by, and serve at the discretion of, our Board. This information is as of February 23, 2016.

Executive Officers and Executive Directors

        Michael D. Dean has been a director since May 2015 and our President and Chief Executive Officer since October 19, 2015. Mr. Dean previously served as Interim President and Chief Executive Officer of the Company from June 2015 until October 2015 and Chairman of the Board (the "Chairman") from May 2015 until October 2015. From March 2013 until May 2015, Mr. Dean had a break in service. He was Chief Executive Officer of Nature's Sunshine Products, Inc. from July 2010 until March 2013. He also served as a director on its board from May 2009 until March 2013 and as a member of its audit committee from June 2009 until March 2010. From 2003 to 2010, Mr. Dean was Chief Executive Officer of Mediaur Technologies, Inc., a privately-held satellite technology company that provides proprietary antenna system solutions for commercial and government applications. Before Mediaur, Mr. Dean was Executive Vice President of ABC Cable Networks Group, a multi-billion dollar global division of The Walt Disney Company, where he ran all of the division's non-creative operations including Affiliate Sales and Marketing, Finance, Legal, Broadcasting Operations, IT, Human Resources, and Business Development. Earlier at Disney, he was Senior Vice President of Corporate Strategic Planning, responsible for all corporate strategy, development, and M&A in Disney's broadcasting, cable, and film studio businesses. Before Disney, Mr. Dean was a strategy consultant with

9

Table of Contents

Bain & Company. He holds an MBA from the Harvard Business School. Mr. Dean brings to our Board substantial managerial, operational and strategy experience.

        Jerome Shaw co-founded the Company in 1950 with his brother, has served as Executive Vice President since 1957 (when the present company was organized), served as Secretary of the Company from 1957 until 2014 and has been employed in executive capacities by the Company and its predecessors since 1950. Mr. Shaw continues to provide valuable leadership through his deep understanding of our business, operations, services, products, customers, suppliers and employees. Mr. Shaw served on the Board from April 2012 to May 2015.

        Paul Tomkins has been our Senior Vice President and Chief Financial Officer since March 2015. From August 2014 to March 2015, Mr. Tomkins had a break in service. From May 23, 2011 to July 30, 2014, Mr. Tomkins served as the Executive Vice President and Chief Financial Officer at Reader's Digest Association, Inc., where he oversaw all aspects of finance and accounting and played an integral role in managing a number of important non-core business divestitures. Prior to his role at Reader's Digest, Mr. Tomkins spent 27 years at AT&T, where he most recently served as the Vice President and Controller of AT&T Business Solutions and previously held a number of other financial management positions. Mr. Tomkins is a Certified Public Accountant and is a member of the American Institute of CPAs and the NJ Society of CPAs. He earned his MBA with an emphasis in International Finance from Seton Hall University.

        Bryan Berndt has been our Controller and Chief Accounting Officer since April 2015. From April 2012 until March 2015 Mr. Berndt was the Controller and Chief Accounting Officer of Reader's Digest Association, Inc. From December 2011 to April 2012 Mr. Berndt had a break in service. From 2008 until December 2011 he was Treasurer and Vice President of Finance at Bowne & Co., Inc. Prior to 2008, he was Controller of Loews Cineplex Entertainment and a Senior Manager for PricewaterhouseCoopers. Mr. Berndt is a Certified Public Accountant and Chartered Global Management Accountant. He holds a Masters in Taxation from Fordham University, the Gabelli Graduate School of Business and a Bachelor of Business Administration in Public Accounting from Pace University.

        Rhona Driggs has been our Senior Vice President—North American Staffing since November 2013 and has been employed by us since 1996. Prior to her appointment as Senior Vice President—North America Staffing, she served in various roles with increased responsibilities within our Staffing Service segment including Regional Manager and Regional Vice President. Prior to joining us, Ms. Driggs held various positions of increasing responsibility at Kelly Services from 1990-1996.

        Richard Herring has been our Senior Vice President and Managing Director of Europe and Asia Staffing operations since December 2010 and joined the Company in January 2006 as European Staffing Services Director. Prior to joining the Company, he served as a Director of TheSkillsMarket Limited, a software company providing services to recruitment companies, between September 2004 and January 2006. Between August 1988 and July 2004, Mr. Herring worked in various sales and operational capacities at the U.K.-based recruitment company Reed Personnel Services PLC, and was a director of this company between January 1999 and July 2004. Mr. Herring has also served as an elected executive of the U.K.-based trade body The Association of Professional Staffing Companies for two separate terms, 2001 to 2004 and 2007 to 2010, fulfilling the role of chairman in 2009-2010.

        Sharon H. Stern has been our Senior Vice President of Legal Affairs since May 2014 and our Secretary since June 2014. Immediately prior to joining the Company in May 2014, she was a partner at the law firm of Troutman Sanders LLP, where she worked since 2005. Prior to 2005, Ms. Stern worked at the predecessor firm of Troutman Sanders LLP starting in October 1988. Ms. Stern has over 25 years of legal experience focusing on corporate governance and business litigation matters. Ms. Stern holds a Bachelor of Arts degree in Psychology from the State University of New York at Albany and a Juris Doctor degree from the New York University School of Law.

10

Table of Contents

        Louise Ross has been our Vice President of Human Resources since September 2006 and has been employed by the Company in executive capacities in its human resource departments since 1993. Prior to joining Volt, Ms. Ross held various management positions in human resources with extensive experience in program development, compensation/benefits, employee and labor relations and employment law. Ms. Ross was an adjunct professor for the New School University, graduate management program in Human Resources. She also taught compensation and employee benefits for undergraduate programs. She holds a Master's Degree from the New School University in Human Resources Management along with an undergraduate degree in Business Management from Marymount Manhattan College.

        Kevin Hannon has been our Vice President and Treasurer since March 2015. Previously, he was our Assistant Treasurer since January 2008. Prior to joining the Company, Mr. Hannon was an Assistant Treasurer and Finance Manager with Atlas Copco North America, Inc., and also gained extensive financial regulatory experience as a bank examiner with the US Treasury Department. In addition to undergraduate degrees in Business and Economics, Mr. Hannon obtained his MBA from Rutgers Business School in Strategic Management and Finance, and he also has the CTP (Certified Treasury Professional) designation.

Non-Executive Directors

        Dana Messina has served as Chairman of our Board since October 2015 and has been a director since May 2015. Mr. Messina was Chief Executive Officer and a director of Steinway Musical Instruments from August 1996 to October 2011. Mr. Messina also owns and serves as the President of Kirkland Messina LLC, a firm founded in 1994 that specializes in financial advisory services. Prior to founding Kirkland Messina, Mr. Messina was a Senior Vice President in the High Yield Bond Department at Drexel Burnham Lambert Incorporated. Mr. Messina graduated magna cum laude from Tufts University with a Bachelor's of Science in mechanical engineering, and received an MBA from the Harvard Business School. Mr. Messina brings to our Board significant operating and financial expertise as well as substantial experience as a public company director.

        Bruce G. Goodman has been a director since May 2000. He has been General Counsel of Shepherd Kaplan LLC (an investment advisor registered with the SEC) since April 2008. From April 1995 to April 2008, he was a partner of the law firm of Hinckley, Allen & Snyder LLP. In addition to his perspective as a non-management director, Mr. Goodman provides to the Board experience as a business lawyer with substantial experience and insight into the investment markets obtained as general counsel to an investment advisory firm.

        Theresa A. Havell has been a director since April 2004. She has been President and Chief Investment Officer of Havell Capital Management LLC (a money management company) since 1996. Prior to 1996, Ms. Havell was a partner, member of the Executive Committee, Director and Chief Investment Officer of the Fixed Income Group of NeubergerBerman (an investment management firm). Ms. Havell contributes vast experience and knowledge in the investment and financing markets and economic conditions to the Board derived from her money management and investment experience.

        John C. Rudolf has been a director since March 2015. Mr. Rudolf currently serves as President and Senior Portfolio Manager of Glacier Peak Capital LLC, an investment advisory firm registered with the SEC he founded in July 2012. From April 1996 until July 2012, Mr. Rudolf served as a Managing Member and founder of Summit Capital Group, an independent investment advisory firm registered with the SEC managing individual accounts and several private investment funds. From 1975 until 1996, Mr. Rudolf served in various positions at Oppenheimer & Co., Inc., including partner in charge of Oppenheimer's Pacific Northwest operations from 1988 until 1996. Mr. Rudolf has served on the board of directors of Detrex Corporation, a leading manufacturer of high performance specialty chemicals

11

Table of Contents

including additives for industrial petroleum products and high purity hydrochloric acid, since November 2012. Mr. Rudolf brings to our Board substantial experience and knowledge as a professional investor and the perspective of a substantial, long-term shareholder in our Company.

        James E. Boone has been a director since May 2015. Mr. Boone has been an independent executive management consultant and angel investor since 2013. From June 2011 to May 2012, Mr. Boone served as an advisor to the Chief Executive Officer of the Company and, from June 2011 to December 2012, as President and Chief Executive Officer of ProcureStaff Technologies, Ltd., a then separate business unit of the Company providing specialized software applications to manage temporary staffing, project work, and other human capital services. From January 2009 to June 2011, Mr. Boone served as President and Chief Executive Officer of Impellam Group PLC, North America, a provider of staffing solutions and managed services for workforce needs globally. From 2003 to January 2009, Mr. Boone served as a Managing Partner of Windship Partners, LLC, a senior level executive search firm that he founded, which later merged with NGS Global Americas, LLC. Prior to that, he was Chairman, Global Operating Committee, and President, Americas Region for Korn/Ferry International, and served as Senior Executive Search Partner and member of the Global Executive Committee at Heidrick & Struggles. Mr. Boone has extensive managerial and operational experience and background working with staffing and executive search firms, including the Company. Mr. Boone graduated magna cum laude from the University of Louisville with a Bachelor's of Science in Commerce.

        Nicholas S. Cyprus has been a director since May 2015. Mr. Cyprus has been a member of the board of directors of DigitalGlobe, Inc. since May 2009 and the board of directors of The Reader's Digest Association, Inc. since June 2012. He is the Chairman of the audit committees of both boards and serves on the governance & nominating committee of DigitalGlobe, Inc. He also provides advisory services for several smaller clients. From December 2006 to March 2013, Mr. Cyprus was employed by General Motors Company, most recently as Vice President, Controller and Chief Accounting Officer. Prior to joining GM in 2006, Mr. Cyprus was Senior Vice President, Controller and Chief Accounting Officer for The Interpublic Group of Companies, Inc., one of the world's largest advertising and marketing services companies. Before Interpublic, Mr. Cyprus held positions of increasing responsibility at AT&T for more than 22 years, serving in his most recent role as Vice President, Controller and Chief Accounting Officer from 1999 to 2004. Mr. Cyprus earned his Bachelor's degree in accounting from Fairleigh Dickinson University and an MBA from New York University, Stern School of Business. He is an active Certified Public Accountant in the State of New Jersey. Mr. Cyprus brings to our Board valuable managerial, financial and accounting experience serving companies with global operations.

        Laurie Siegel has been a director since May 2015. Ms. Siegel has been the President of LAS Advisory Services, a firm providing advice to organizations on issues related to talent management, succession planning, organizational capability and culture since January 2013. Ms. Siegel was the Chief Human Resource Officer at Tyco International Ltd. from January 2003 until November 2012. She joined the company as part of a new leadership team charged with restoring the company's reputation, financial health and governance practices. Ms. Siegel had responsibility for rebuilding the leadership team, executing a strategy to restore the confidence of the company's employees and building an HR function with deep expertise in global human resource practices. Since February 2009, Ms. Siegel has been a member of the board of directors of, and Chair of the Compensation Committee of, CenturyLink, Inc., a broadband, telecommunications and data hosting company, and a director of FactSet Research Systems Inc., a multinational financial data and software company. Ms. Siegel has an MBA and a Master's degree in City and Regional Planning, both from Harvard University. She completed her Bachelor's degree at the University of Michigan. Ms. Siegel serves as an advisor to the G100 Network and teaches at the Ross School of Business at the University of Michigan and the Cornell School of Industrial and Labor Relations. Ms. Siegel brings to our Board substantial experience as a human resources executive with large global enterprises as well as substantial public company board experience.

12

Table of Contents

Corporate Governance

        The Company's business and affairs are managed and under the direction of the Board. Members of the Board are kept informed of the Company's business through discussions with the Company's Chief Executive Officer and other officers, by reviewing materials provided to them and by participating in meetings of the Board and its committees. Our Board has standing Audit, Nominating/Corporate Governance, Compensation and (until disbanded on May 11, 2015) Executive Committees. The Company's policies and procedures with respect to the Board, as well as information regarding the roles and responsibilities of Board committee chairs and their committees, which are comprised solely of independent directors, are set forth in the committee charters and in our Corporate Governance Guidelines, copies of which are available in the Investors & Governance section of the Company's website, at www.volt.com.

        The Board held 13 meetings during fiscal year 2015. No director attended fewer than 75 percent of the aggregate of the total number of meetings of the Board and the total number of meetings of committees of the Board on which such director served. All directors attended the 2015 Annual Meeting.

Audit Committee

        The Audit Committee provides assistance to the Company's directors in fulfilling the Board's oversight responsibility as to the Company's accounting, auditing and financial reporting practices and as to the quality and integrity of the publicly distributed financial reports of the Company. The Audit Committee is responsible for the appointment, compensation, retention, and oversight of the independent auditor engaged to issue audit reports on our financial statements and internal control over financial reporting. The Audit Committee relies on the expertise and knowledge of management, the internal auditor, and the independent auditor in carrying out its oversight responsibilities.

        Among its functions, the Audit Committee reviews:

•

the audit plans and findings of our independent registered public accounting firm and our internal audit activities, as well as the results of regulatory examinations, and tracks management's corrective action plans where necessary;



•

our financial statements, including any significant financial items and changes in accounting policies, with our senior management and independent registered public accounting firm;



•

our financial risk and internal control procedures, and significant tax and legal matters.

        Each member of the Audit Committee, Nicholas S. Cyprus (Chair), Bruce G. Goodman, Dana Messina and John C. Rudolf, is financially literate and meets the current independence requirements for Audit Committee membership under both the rules of the SEC and the NYSE MKT Exchange ("NYSE:MKT"). The Board has determined that Nicholas S. Cyprus is an "audit committee financial expert" within the meaning of the applicable SEC rules and possesses accounting and related financial management expertise within the meaning of the rules of the NYSE:MKT.

        The Audit Committee operates under a written charter, adopted by our Board, whose adequacy is reviewed at least annually. The Audit Committee held 16 meetings during fiscal year 2015.

Nominating/Corporate Governance Committee

        The Nominating/Corporate Governance Committee consists of Bruce G. Goodman (Chair), Nicholas S. Cyprus, Dana Messina, John C. Rudolf and Laurie Siegel. The Nominating/Corporate Governance Committee is comprised entirely of directors determined by the Board to be "independent" for purposes of the applicable NYSE:MKT rules.

13

Table of Contents

        The Nominating/Corporate Governance Committee operates under a written charter adopted by our Board. The responsibilities of the Nominating/Corporate Governance Committee include: identifying, evaluating and recommending to the Board prospective nominees for director; reviewing the Company's corporate governance policies and making recommendations to the Board from time to time regarding matters of corporate governance; and reviewing the performance of the Board and its members. The Nominating/Corporate Governance Committee has not established a formal process to identify and evaluate prospective nominees for director. However, in considering individuals for nomination to stand for election, the Nominating/Corporate Governance Committee will consider: (1) the current composition of directors and how they function as a group; (2) the skills, experiences or background, and the personalities, strengths, and weaknesses of current directors; (3) the value of contributions made by individual directors; (4) the need for a person with specific skills, experiences or background to be added to the Board; (5) any anticipated vacancies due to retirement or other reasons; and (6) other factors may enter into the nomination decision. The Nominating/Corporate Governance Committee endeavors to select nominees that contribute requisite skills and professional experiences in order to advance the performance of the Board of Directors and establish a well-rounded Board with diverse views that reflect the interests of our shareholders. The Nominating/Corporate Governance Committee considers diversity as one of a number of factors in identifying nominees for directors, however, there is no formal policy in this regard. The Nominating/Corporate Governance Committee views diversity broadly to include diversity of experience, skills and viewpoint, in addition to traditional concepts of diversity. The Nominating/Corporate Governance Committee held 20 meetings during fiscal year 2015.

Compensation Committee

        The Compensation Committee consists of Laurie Siegel (Chair), Theresa A. Havell and James E. Boone. The Compensation Committee is comprised entirely of directors determined by the Board to be "independent" for purposes of the applicable NYSE:MKT rules. The Compensation Committee operates under a written charter adopted by our Board. Under its charter, the Compensation Committee may delegate authority to any subcommittee comprised solely of Compensation Committee members who are independent directors. The Compensation Committee is responsible for establishing, implementing and monitoring the Company's executive compensation policies and program. The Company's executive compensation program is designed to meet three principal objectives:

•

attract, motivate and retain the talented executives who are a critical component of the Company's long-term success by providing each with a competitive total compensation package;



•

ensure that executive compensation is aligned with both the short and long-term interests of shareholders; and



•

motivate and reward high levels of team and individual performance.

        For a portion of fiscal year 2015, the Compensation Committee retained the services of Chernoff Diamond, an independent compensation consultant, as its compensation consultant. ClearBridge Compensation Group, LLC ("ClearBridge"), also an independent compensation consultant, succeeded Chernoff Diamond as advisor to the Compensation Committee in June of 2015. Both consultants were retained by the Compensation Committee. The Compensation Committee provides direction to its compensation consultants with respect to its role in reviewing management recommendations, attending committee meetings, and with respect to other matters related to the scope of the compensation consultant's engagement. The Compensation Committee held 13 meetings during fiscal year 2015.

        Additional information regarding the Compensation Committee and our policies and procedures regarding executive compensation, including the role of compensation advisors and executive officers in recommending executive compensation, is provided in the "Compensation Discussion and Analysis" section of this Proxy Statement.

14

Table of Contents

Executive Committee

        The Executive Committee consisted of Ronald Kochman, Bruce G. Goodman, Theresa A. Havell, Mark N. Kaplan and William H. Turner. The Executive Committee operated under a written charter adopted by our Board. Four of the five members of the Executive Committee were independent, non-management directors. The responsibilities of the Executive Committee included all of those exercised by the full Board, other than those matters which were expressly delegated to another committee of the Board or matters which, by law, could not be delegated by the Board to a committee of the Board. The Executive Committee held eight meetings during fiscal year 2015 and disbanded as of May 11, 2015.

Board Leadership Structure

        We have always made the decision on whether to combine or separate the roles of Chief Executive Officer and Chairman based on what was in the best interests of the Company's stockholders based on the circumstances at the time. During his tenure as Interim President and Chief Executive Officer, Mr. Dean continued to serve as Chairman. We felt this would result in operational efficiencies given that that Mr. Dean was already serving as Chairman at the time he was appointed to the interim position. As of October 19, 2015, Dana Messina serves as our independent, non-executive Chairman. We believe this structure is appropriate during this time, as it allows Mr. Dean, as the Chief Executive Officer, to focus on leading the Company's business at a time when we are actively seeking to advance the Company's financial position. Our Chairman chairs meetings of our independent directors. Our independent directors meet regularly without management, including our Chief Executive Officer, and are active in the oversight of our Company. Our Board and each Board committee has access to members of our management and the authority to retain independent legal, accounting or other advisors as they deem necessary or appropriate. During fiscal year 2015, our former Chief Executive Officer did not serve on any Board committee, other than the Executive Committee, and our current CEO Mr. Dean does not serve on any Board committee.

        Our Audit Committee Chairman fulfilled the role of chairing meetings of our independent directors until May 10, 2015. Since then, our Chairman has fulfilled this responsibility. In such role, the Chairman:

•

chairs meetings and executive sessions at which only the independent directors attend; and



•

recommends to the Chief Executive Officer the retention of outside advisors and consultants who report directly to the Board.

        We believe that our Board leadership structure provides an appropriate balance between strong and strategic leadership and independent oversight of our Company, and that our Board leadership structure continues to serve the best interests of our Company and shareholders.

Risk Oversight

        The Audit Committee of our Board oversees our risk management process. The day-to-day responsibility for our risk management process rests with our Chief Executive Officer, Senior Vice President and Chief Financial Officer, and our Vice President of Risk Management. Our Senior Vice President and Chief Financial Officer and our Vice President of Risk Management provide periodic updates to the Audit Committee regarding, among other things, risk assessments and actions taken to mitigate risk. In addition, our Director of Internal Audit, and during periods when that position is vacant, our Vice President of Risk Management, reports directly to the Chairman of the Audit Committee and provides periodic updates to the Audit Committee regarding risk management issues, particularly those regarding accounting and finance-related risks. Periodic updates regarding claims

15

Table of Contents

against our Company are also provided to our Board by our Vice President of Risk Management and attorneys in the Company's legal department.

Code of Business Conduct and Ethics

        The Company has a Code of Business Conduct and Ethics. Directors, officers and all employees of the Company must act in accordance with these policies. The Code of Business Conduct and Ethics requires, among other things, all employees to engage in honest and ethical conduct in performing their duties, provides guidelines for the ethical handling of actual or apparent conflicts of interest between personal and professional relationships, and provides mechanisms to report unethical conduct.

        Please see the section entitled "Availability of Corporate Governance Documents" below for information on how to view or obtain a copy of our Code of Business Conduct and Ethics.

Corporate Governance Guidelines

        As a part of our Board's commitment to sound corporate governance, our Board has adopted a set of Corporate Governance Guidelines, which guides the operation of the Board and its committees. The Nominating/Corporate Governance Committee reviews our Corporate Governance Guidelines at least annually and recommends any changes to our Board for its consideration and approval.

        Our Corporate Governance Guidelines cover, among other topics:

•

board structure and composition;



•

director independence;



•

board member nomination and eligibility requirements;



•

board leadership and executive sessions;



•

committees of the board;



•

director responsibilities;



•

board and committee resources, including access to officers, employees and independent advisors;



•

director compensation;



•

director orientation and ongoing education;



•

succession planning; and



•

board and committee self-evaluations.

        Please see the section entitled "Availability of Corporate Governance Documents" below for information on how to view or obtain a copy of our Corporate Governance Guidelines.

Availability of Corporate Governance Documents

        To learn more about the Company's corporate governance and to view our Corporate Governance Guidelines, Code of Business Conduct and Ethics, other significant corporate policies and all charters of committees of the Board, please visit the Investors & Governance section of the Company's website, www.volt.com. Copies of these documents are also available without charge upon request to Volt Information Sciences, Inc., 1133 Avenue of the Americas, New York, New York 10036, Attention: Shareholder Relations. The telephone number for this office is 212-704-7921.

16

Table of Contents

Procedures for Recommending Directors

        There have been no material changes to the procedures by which our shareholders may recommend nominees to our Board from those procedures set forth in our By-Laws. According to our By-Laws, in order to do so, a shareholder must give us written notice not less than 120 days nor more than 150 days prior to the one-year anniversary of the date of the notice of the annual meeting of shareholders that was held in the immediately preceding year.

        Shareholders may submit names of qualified director candidates, together with detailed information on the proposed candidates' backgrounds, to Volt Information Sciences, Inc., 1133 Avenue of the Americas, New York, New York 10036, Attention: Secretary—Director Candidates, for referral to the Nominating/Corporate Governance Committee for consideration.

Family Relationships

        Bruce G. Goodman, a director of the Company, is the husband of Linda Shaw who is (i) the daughter of William Shaw, who co-founded the Company in 1950 and served as its President and Chief Executive Officer until his death in March 2006 and (ii) the niece of Jerome Shaw, an Executive Vice President of the Company. There are no other family relationships among the executive officers or directors of the Company.

Section 16(a) Beneficial Ownership Reporting Compliance

        Section 16(a) of the Exchange Act requires our directors and executive officers and persons who own more than ten percent (10%) of a registered class of our equity securities to file with the SEC initial reports of ownership and reports of changes in ownership of our common stock and other equity securities. Such persons are required by the SEC to furnish the Company with copies of all Section 16(a) forms that they file.

        To our knowledge, based solely on a review of the copies of such reports furnished to us and written representations from certain reporting persons, all required Section 16(a) filings applicable to its directors, executive officers and greater-than-ten-percent beneficial owners were properly filed during fiscal year 2015 except that, due to administrative oversight, a Form 4 for Mr. Rudolf, reporting on the acquisition of 8,082 shares of common stock and the grant of 36,675 stock options on June 29, 2015 and the acquisition of 7,932 shares of common stock on June 30, 2015 was filed late.

Indemnification; Insurance

        New York law permits a corporation to purchase insurance covering a corporation's obligation to indemnify directors and officers and also covering directors and officers individually, subject to certain limitations, in instances in which they may not otherwise be indemnified by the corporation. The Company maintains insurance policies with various insurance companies covering reimbursement to the Company for any obligation it incurs as a result of indemnification of officers and directors and also covering indemnification for officers and directors individually in certain cases where additional exposure might exist. The policies expire May 1, 2016. The annual premium cost of the policies is $592,725. These policies are with five different companies as follows: Illinois National Insurance Company (AIG) for the first $10.0 million of coverage, Zurich American Insurance Company for the next $10.0 million of coverage, Continental Casualty Company for the next $10.0 million of coverage, Axis Insurance Company for the next $5.0 million of coverage and Federal Insurance Company for the next $15.0 million of coverage. Federal's policy does not cover reimbursement to the Company. The Company is self-insured for the first $1.0 million per incident for securities claims, employment practices and other claims.

17

Table of Contents

AUDIT COMMITTEE REPORT

        The Audit Committee met and held discussions with management and the Company's independent Registered Public Accounting Firm. The Audit Committee has reviewed and discussed the consolidated financial statements with management and the Company's independent Registered Public Accounting Firm.

        The Audit Committee discussed with the independent Registered Public Accounting Firm matters to be discussed as required by the Public Company Accounting Oversight Board (PCAOB), rules of the Securities and Exchange Commission, and other applicable regulations.

        In addition, the Audit Committee has reviewed and discussed with the Company's independent Registered Public Accounting Firm the firm's independence from the Company and its management. The Audit Committee received from the independent Registered Public Accounting Firm the written disclosures and the letter regarding its independence as required by the PCAOB's applicable requirements.

        In reliance on the reviews and discussions referred to above, the Audit Committee recommended to the Board that the audited financial statements be included in the Company's Annual Report on Form 10-K for fiscal year 2015, as filed with the Securities and Exchange Commission ("SEC"). The Audit Committee also has appointed Ernst & Young LLP as the Company's independent Registered Public Accounting Firm for fiscal year 2016.

18

Table of Contents

Item 2.    Proposal to Ratify the Appointment of Ernst & Young LLP as the Company's Independent Registered Public Accounting Firm

        The members of our Audit Committee and our Board believe that the continued retention of Ernst & Young LLP as our independent Registered Public Accounting Firm is in the best interests of the Company and its shareholders.

        In light of this, our Audit Committee has appointed Ernst & Young LLP as our independent Registered Public Accounting Firm for fiscal year 2016. We are submitting the appointment of our independent registered public accounting firm for shareholder ratification at the Meeting, although we are not legally required to do so. If our shareholders do not ratify the appointment, our Audit Committee will reconsider whether to retain Ernst & Young LLP, but may still retain them. Even if the appointment is ratified, the Audit Committee may change the appointment at any time if it determines that such a change would be in the best interests of the Company and its shareholders.

        Ernst & Young LLP has advised the Company that it has no direct, nor any material indirect, financial interest in the Company or any of its subsidiaries. A representative of Ernst & Young LLP is expected to be present at the Meeting, will have the opportunity to make a statement if he or she desires to do so and will be available to respond to appropriate questions from shareholders.

        The Board will offer the following resolution at the Meeting:

        RESOLVED: That the appointment by the Board of Ernst & Young LLP to serve as the independent Registered Public Accounting Firm of the Company for fiscal year 2016 be, and hereby is, ratified and approved.

        Your Board recommends that you vote FOR this item. Unless you specify otherwise, the Board intends the accompanying proxy to be voted for this item.

19

Table of Contents

Item 3.    Advisory Vote on Executive Compensation ("Say-on-Pay")

        The Dodd-Frank Wall Street Reform and Consumer Protection Act, enacted in July 2010, requires that we provide our shareholders with the opportunity to vote to approve, on a non-binding, advisory basis, the compensation of our 2015 Named Executive Officers (each, a "NEO") as disclosed in this Proxy Statement in accordance with the compensation disclosure rules of the SEC under Section 14A of the Securities and Exchange Act of 1934, as amended. At the 2014 annual meeting of the shareholders, our shareholders approved holding say-on-pay advisory votes biennially. During fiscal year 2015, the Board approved a change from holding say-on-pay advisory votes biennially to holding such votes annually. Therefore, beginning with the Meeting, we will hold say-on-pay advisory votes on an annual basis.

        The vote on this resolution is not intended to address any specific element of compensation; rather, the vote relates to the compensation of our 2015 Named Executive Officers, as described in this Proxy Statement in accordance with the compensation disclosure rules of the SEC. To the extent there is any significant vote against the 2015 Named Executive Officers' compensation, the Board and the Compensation Committee will evaluate what actions, if any, may be necessary to address the concerns of our shareholders.

        Our compensation program is intended to attract, motivate and reward the executive talent required to achieve our corporate objectives and increase shareholder value. We believe that our executive compensation program for fiscal year 2015 is competitive and provides an appropriate balance between risks and rewards. Accordingly, the Board will present the following resolution at the Meeting:

        RESOLVED, that our shareholders approve, on an advisory basis, the executive compensation program for the 2015 Named Executive Officers, as disclosed in this Proxy Statement pursuant to Item 402 of Regulation S-K, including the Compensation Discussion and Analysis, the Summary Compensation Table, and the related tables and narrative disclosures included in this Proxy Statement.

        Your Board recommends that you vote FOR, on a non-binding, advisory basis, the compensation of our 2015 Named Executive Officers, as disclosed in the Compensation Discussion and Analysis, the Summary Compensation Table, and the related tables and narrative disclosures included in this Proxy Statement.

20

Table of Contents

EXECUTIVE COMPENSATION

Executive Summary

Fiscal year 2015 was a transition year for us in many respects.

•

We have been keenly focused during fiscal year 2015 on returning the Company to a vibrant, profitable and growing company.

•

We are actively taking steps to capitalize on our strong brand, solid roster of Fortune 500 customers, and the fact that we are currently operating in a growing industry.

•

In order to fulfill the vision we have for our business and our shareholders, it is imperative that we have the right people in place to effect meaningful change and grow our business.

We began making progress toward this end in a number of ways during fiscal year 2015:

1.  Strategic Change in Leadership

        Appointment of Michael D. Dean as our new Chief Executive Officer:    Effective June 25, 2015, the Board appointed Michael D. Dean to the position of Interim President and Chief Executive Officer. At the time of his appointment, Mr. Dean was serving as Chairman. During his time as Interim President and Chief Executive Officer, Mr. Dean made significant strides in carrying out our business plan and provided a fresh perspective on how to better maximize our performance going forward. The Board appointed Mr. Dean to the position of President and Chief Executive Officer, effective October 19, 2015. Since his appointment, Mr. Dean has taken steps to implement his strategic plan, which includes (1) improving our balance sheet and simplifying our corporate structure; (2) reducing costs and enhancing margins; and (3) generating top line growth.

        Appointment of Paul Tomkins as our new Chief Financial Officer:    On March 23, 2015, we appointed Paul Tomkins to the position of Senior Vice President and Chief Financial Officer of the Company. Mr. Tomkins most recently served as the Executive Vice President and Chief Financial Officer at Reader's Digest Association, Inc. for over three years. Prior to his role at Reader's Digest, Mr. Tomkins served as the Vice President and Controller of AT&T Business Solutions and held various other financial management positions over 27 years with AT&T.

        Change in Board Leadership:    At the 2015 annual meeting of our shareholders, our shareholders elected six new directors to the Board: Michael D. Dean, Dana Messina, James E. Boone, Nicholas S. Cyprus, Laurie Siegel and John C. Rudolf. Upon his appointment to the position of President and Chief Executive Officer, Mr. Dean stepped down as Chairman, but continues to serve as a member of our Board. On October 19, 2015, the Board appointed Dana Messina to the position of Chairman.

2.  Continuing Progress on Initiatives Undertaken to Enhance our Liquidity Position & Shareholder Value

•

We actively manage our portfolio of business units. We have exited non-core businesses that were incurring losses and core businesses that were marginally profitable.



•

During fiscal year 2015, significant divestitures included the sale of our printing and publishing business in Uruguay and the sale of substantially all of the assets of our telecommunications infrastructure and security services business.



•

During the first quarter of fiscal year 2016, we completed the sale of our staffing business in Uruguay.



•

The above transactions netted nominal proceeds, however, we expect these transactions will be accretive to future operating cash flows.

21

Table of Contents

•

In October 2015, the Board approved a plan to sell our information technology infrastructure services business, which we hope to complete within fiscal year 2016.



•

In the first quarter of fiscal year 2016, we implemented a cost reduction plan as part of our overall initiative to become more efficient, competitive and profitable. We estimate that we will incur restructuring charges of approximately $3.0 million throughout fiscal year 2016, primarily resulting from a reduction in workforce in conjunction with facility consolidation and lease termination costs.

3.  Revamping our Compensation Programs in Order to Better Attract and Retain High-Performing Industry Talent

•

In connection with management changes, management and the Compensation Committee commenced a fresh and holistic review of our existing executive compensation programs.



•

Prior to this review, our compensation programs took into consideration, among other things, the terms of the executive's existing contractual arrangement(s), business unit performance, and individual contributions to strategic initiatives. In addition, the structure of our compensation programs varied considerably from one executive to another. The programs, in some cases, were restrained by pre-determined contractual obligations, overly emphasized short-term results, lacked necessary ownership elements and did not fully align with interests of our shareholders.



•

Following discussions with management and our independent compensation consultants, the Compensation Committee determined that our executive compensation programs needed to be revamped in order to motivate and reward job performance that improves our financial performance, profitably grows our businesses, and supports the creation of long-term sustainable value for our shareholders.



•

To achieve this objective, we are establishing a pay-for-performance imperative for our executive compensation programs relating to fiscal year 2016 and beyond.



•

During fiscal year 2015, our Board approved a change from holding say-on-pay advisory votes biennially to holding such votes on an annual basis. Therefore, beginning with the Meeting, we will hold annual say-on-pay advisory votes. This change is just one of the steps we took during fiscal year 2015 to demonstrate our commitment to establishing a pay-for-performance culture aligned with shareholders' interests.

22

Table of Contents

        To ensure our compensation programs are aligned with this overall pay philosophy, in fiscal year 2015, the Compensation Committee adopted the following principles which are intended to guide the design of our on-going compensation programs beginning in fiscal year 2016:

2014 Shareholder Say-on-Pay Vote

        At the 2014 Annual Meeting of Shareholders, the Company held a "say-on-pay" advisory vote on the executive compensation program of the Company's Named Executive Officers for the 2014 fiscal year. The Company's shareholders approved the compensation of the Company's 2014 Named Executive Officers, with over 81% of shareholder votes cast in favor of the executive compensation program for the Company's 2014 Named Executive Officers. The Compensation Committee considered the support our shareholders expressed for our executive compensation program for that year and did not make any significant changes to the core elements of our compensation program for fiscal year 2015. However, as discussed above, we are in the process of making significant changes to our executive compensation programs for fiscal year 2016. The Compensation Committee will consider results from this year's shareholder advisory vote in its ongoing evaluation of the Company's executive compensation programs and practices.

Compensation Discussion & Analysis

•

This Compensation Discussion and Analysis (the "CD&A") describes our executive compensation philosophy and programs, the compensation decisions made under those programs, and the considerations in making those decisions.



•

This year, our CD&A not only describes the compensation philosophy and programs applicable to fiscal year 2015, but, where applicable, discusses changes to our compensation philosophy that we have implemented or intend to implement going forward.

23

Table of Contents

Our 2015 Named Executive Officers

        This CD&A focuses on the compensation of our 2015 Named Executive Officers for fiscal year 2015, who were:

•

Michael D. Dean, President and Chief Executive Officer



•

Ronald Kochman, Former President and Chief Executive Officer



•

Paul Tomkins, Senior Vice President and Chief Financial Officer



•

James Whitney, Former Senior Vice President and Chief Financial Officer



•

Jerome Shaw, Executive Vice President



•

Rhona Driggs, Senior Vice President—North America Staffing



•

Lori Larson, Former Senior Vice President—North America Staffing

        Mr. Kochman's employment with us terminated effective June 25, 2015, Mr. Whitney's employment with us terminated effective March 20, 2015 and Ms. Larson's employment with us terminated effective November 1, 2015.

Snapshot of our Current CEO's Compensation Package

        As discussed above, we are in the process of restructuring our compensation programs across the board in order to better incentivize profitable growth, starting with the way we compensate our executive officers. To achieve this objective, we are establishing a pay-for-performance culture and aligning incentive structures with corporate-wide strategy and metrics with respect to fiscal year 2016. Going forward, more employees will have more of their compensation "at risk," specifically tied to our revenue and operating income budget objectives.

•

The Compensation Committee firmly believes that the establishment of a pay-for-performance culture is a critical step toward growing the profitability of our business and achieving our broader financial goals.



•

Mr. Dean's compensation package with respect to his role as President and Chief Executive Officer was structured with this philosophy in mind.



•

Mr. Dean's current compensation package evidences a "pay-mix" philosophy that results in a majority of his total compensation consisting of pay elements that are at risk, requiring that we achieve long-term financial growth before value is realized through these compensation vehicles. In other words, the majority of his compensation includes stock-based awards such as restricted stock units and stock options, with base salary making up a lesser portion of his total direct compensation.

The following summary of Mr. Dean's compensation package is intended to highlight for our shareholders the type of pay-mix that will be typical of our executive compensation packages going forward.

In Current Role as President and CEO

        To further our goal of successfully transitioning Mr. Dean from the position of our Interim Chief Executive Officer to our Chief Executive Officer, the Compensation Committee, in connection with ClearBridge, conducted a thorough review of Mr. Dean's existing compensation package as compared to current market practices. The Compensation Committee considered our business objectives and overall executive compensation philosophy and the relevant competitive market to develop a compensation package for his role as CEO going forward. Consistent with our revised philosophy of

24

Table of Contents

designing compensation programs that align with shareholder interests and pay our executives based on performance, Mr. Dean's compensation package with respect to his role as Chief Executive Officer for fiscal year 2015 as well as the intended target compensation package for fiscal year 2016 are heavily focused toward compensating Mr. Dean if he achieves certain financial and strategic performance objectives.

        The chart below summarizes Mr. Dean's fiscal year 2015 compensation package as well as his intended fiscal year 2016 target compensation, each of which is described in more detail in the section titled "How Each Element of Our Executive Compensation Program Works."

(1)

Mr. Dean's fiscal year 2015 LTI award was granted two-thirds in stock options and one-third in RSUs. The Board, subject to its discretion, intends to grant the fiscal year 2016 LTI awards in a similar mix of stock options and RSUs.

25

Table of Contents

How Each Element of our Executive Compensation Program Works

        The 2015 compensation program for our 2015 Named Executive Officers consisted of one or more of the following elements:

        For fiscal year 2015, our executive compensation programs varied amongst each of our 2015 Named Executive Officers. Therefore, while an executive's compensation package consisted of one or more of the elements described above, not all of our 2015 Named Executive Officers were compensated using all of these elements, as described in greater detail below.

Base Salary

        Base salary is the fixed component of an executive's annual cash compensation.

        The Company paid Mr. Dean a salary of $66,666 per month between June 25, 2015 and October 19, 2015 for his role as Interim President and CEO. Effective October 19, 2015, Mr. Dean's annual base salary is $650,000, as set by the Compensation Committee in connection with a review of applicable salary information within our 2015 peer group. Our fiscal 2015 peer group is discussed later in this CD&A.

        Base salaries for our 2015 Named Executive Officers in respect of fiscal year 2015, other than the base salaries for Messrs. Dean, Kochman and Whitney were primarily determined based on one or more of the following factors: (i) general knowledge of Mr. Kochman, our former CEO; (ii) base

26

Table of Contents

salaries paid to similarly positioned executives within the Company; (iii) the terms of any contractual arrangements; (iv) salaries paid historically; (v) tax and accounting considerations; and, when appropriate, (vi) personal performance as assessed by the Compensation Committee and our former CEO. Adjustments in base salary for our 2015 Named Executive Officers are discretionary and are generally considered no more frequently than every 12 months. The base salaries for Mr. Kochman and Mr. Whitney were determined by the Compensation Committee.

        The annual base salary of each of our 2015 Named Executive Officers during fiscal year 2015 is set forth in the table below:

Annual Incentives

•

For fiscal year 2015, our annual incentive program allowed executives to earn an annual cash payment in respect of performance or other individualized criterion established with respect to that fiscal year. The structure of our annual incentives with respect to fiscal year 2015 varied from executive to executive, with certain executives receiving a standard annual bonus and other executives receiving quarterly incentives. Such amounts are generally paid shortly following the end of the fiscal year for which the bonus was earned.



•

For fiscal year 2016 and beyond, we implemented a uniform annual incentive program applicable to all executives. Such program is based on pre-determined financial and strategic objectives as determined by the Compensation Committee.

How We Determined Fiscal Year 2015 Annual Incentives for Mr. Dean

        The Compensation Committee, in consultation with ClearBridge, considered a number of factors when structuring Mr. Dean's annual incentive package, including (i) Mr. Dean's performance during his interim tenure and our expectations for his performance as Chief Executive Officer going forward; and (ii) peer group medians and other market factors. Pursuant to the terms of his employment agreement, we paid Mr. Dean a cash bonus in the amount of $100,000 in respect of fiscal year 2015. This bonus was paid in recognition of Mr. Dean's achievements made in connection to strategic initiatives, such as developing our leadership team and improving certain internal processes during his time as Interim President and Chief Executive Officer. Starting with fiscal year 2016, Mr. Dean will have a target bonus opportunity of 100% of base salary, which was determined based on comparisons to our 2015 peer group. This bonus payment will be subject to the achievement of performance goals, including certain strategic and financial objectives, established by the Compensation Committee during fiscal year 2016.

How We Determined Fiscal Year 2015 Annual Incentive Targets for Our Former CEO and other 2015 Named Executive Officers

        For fiscal year 2015, the determination as to the target percentage of the annual cash bonus for Mr. Kochman was made by the Compensation Committee based on an assessment of his performance during the prior fiscal year and in consideration of his role in transitioning new leadership

27

Table of Contents

responsibilities. The determination as to the performance criteria with respect to annual incentives for the other 2015 Named Executive Officers was primarily made by Mr. Kochman (prior to stepping down) and the Compensation Committee based upon the performance of each NEO during the prior fiscal year. Key factors we typically consider include business unit performance and contributions to strategic initiatives by the 2015 Named Executive Officer during the prior fiscal year. At the beginning of fiscal year 2016, the Compensation Committee and Mr. Dean reviewed each NEO's performance during fiscal year 2015 to determine the amounts to be paid pursuant to each NEO's annual incentive package.

        The discussion below summarizes the performance objectives and/or target amounts, if any, applicable to each NEO's annual incentive package as well as an explanation of the amounts actually paid in respect of fiscal year 2015.

Mr. Kochman

        With respect to fiscal year 2015, Mr. Kochman was eligible to earn an annual bonus of $575,000, representing a target bonus of 100% of his 2015 base salary, as established by the Compensation Committee. The factors considered in determining Mr. Kochman's target bonus included his cooperation in managing the transition of leadership responsibilities. We paid Mr. Kochman $479,167 in satisfaction of the bonus-related severance payment he was eligible to receive under his employment agreement.

Mr. Tomkins

        For fiscal year 2015, Mr. Tomkins was eligible to earn an annual bonus with a target of $400,000, equal to 100% of his 2015 base salary. At the beginning of fiscal year 2016, the Compensation Committee, with the input of Mr. Dean, decided to pay Mr. Tomkins' fiscal year 2015 bonus at the target amount based on his achievement of individualized Management by Objectives ("MBOs") and the improvements to internal processes that Mr. Tomkins implemented since starting with the Company.

Ms. Driggs

        Ms. Driggs' annual cash incentives are established under the terms of her employment agreement. At the beginning of fiscal year 2015, Ms. Driggs was granted a quarterly incentive goal of $37,500 based on continued satisfaction of non-quantitative measures, including engendering a collaborative, team approach with colleagues and other corporate functions, and an annual incentive of up to $87,500 to be earned based on operating income levels for fiscal year 2015 of the North American staffing segment of Volt Workforce Solutions, and a non-quantitative performance incentive of up to $25,000 based on operational performance goals. Ms. Driggs' aggregate incentive earned for fiscal year 2015 was $170,000, representing full payment of her quarterly incentives and $20,000 in respect of her annual incentives.

Mr. Whitney

        In connection with his termination, we paid Mr. Whitney a pro-rated bonus in respect of fiscal year 2015, equivalent to five-twelfths of his fiscal year 2014 target bonus of $400,000, for a total amount of $166,667.

Ms. Larson

        Ms. Larson's annual cash incentives were established under the terms of her employment agreement. Pursuant to her employment agreement, Ms. Larson was eligible to receive both quarterly and annual incentives in respect of performance objectives achieved during fiscal year 2015. At the

28

Table of Contents

beginning of fiscal year 2015, Ms. Larson was granted a quarterly incentive goal of $62,500 based on continued satisfaction of non-quantitative measures including engendering a collaborative, team approach with colleagues and other corporate functions. Ms. Larson was paid $250,000, representing full payment of her quarterly incentive targets.

        Mr. Shaw does not receive annual incentives as part of his compensation package.

Long-Term Incentives

        We intend to utilize long-term incentive awards (either in the form of cash or equity) on a more consistent basis as part of our executive compensation program going forward. The section below explains the objectives behind this initiative and provides more information on how our long-term incentive awards are intended to work in practice.

2006 Incentive Stock Plan

        The equity portion of our long-term incentives has historically been granted pursuant to our 2006 Incentive Stock Plan (the "2006 Plan"). It is our philosophy that the Company's executive officers should be rewarded based upon our financial performance as well as each executive's contribution to advancing our business strategy and our long-term performance.

2015 Equity Incentive Plan

        In connection with our strategic review of our current executive compensation plans, programs and arrangements, the Compensation Committee, in consultation with ClearBridge, concluded that it was in our best interest to take steps to implement a new equity incentive plan that is in line with best market practices for public companies. This review coincided with the upcoming expiration date of the 2006 Plan. After careful consideration, the Board approved the 2015 Equity Incentive Plan (the "2015 Plan") on October 19, 2015, subject to approval by our shareholders at the Meeting.

        If approved, we intend to use the 2015 Plan as the primary vehicle for providing long-term incentive awards in the form of both cash and equity, and would no longer issue awards pursuant to the 2006 Plan. The 2015 Plan would serve the dual purpose of (i) providing equity-based awards; and (ii) acting as a cash-based award plan. If approved by our shareholders pursuant to the requirements of Section 162(m) of the Internal Revenue Code of 1986, as amended (the "Internal Revenue Code" or the "Code"), certain awards which are intended to be "qualified performance-based compensation" awards may qualify for the tax deduction under such section. Payments of bonuses would qualify to constitute "qualified performance-based compensation" under the provisions of Section 162(m) of the Code if payable on account of the attainment of one or more pre-established, objective performance goals and if certain requirements are met.

29

Table of Contents

        Though we are sensitive to potential dilution concerns amongst our shareholders, we firmly believe that our ability to profitably grow our business is inextricably anchored to our ability to attract and retain high-performing industry talent. Without the ability to compensate our executives with stock-based awards, we will have to compensate our executives solely using cash, which:

•

provides no meaningful incentive to create shareholder value;



•

would increase cash compensation expense; and



•

would use cash that could be better utilized if reinvested in our businesses or returned to our shareholders.

        It is equally important to realize that stock-based awards foster a pay-for-performance culture, even when based on a time-vesting schedule. By way of example, we used stock options and restricted stock units as the vehicle for Mr. Dean's fiscal year 2015 grant because (i) stock options are inherently performance based, as the executive will not realize any value from the option unless and until our share price increases following the date of grant; and (ii) the value of restricted stock units is based solely on our share price at the time such awards are settled.

        The proposed 2015 Plan is described in detail in Item 4 of this Proxy Statement.

Discussion of Individual LTI Awards for 2015

Mr. Dean in Former Role as Interim President and CEO

        Pursuant to the 2006 Plan, on June 29, 2015 we granted 100,000 options to acquire shares of our common stock at a per share exercise price of $9.28 and 42,000 restricted stock units as part of Mr. Dean's compensation package during his interim role (the "Prior Grant"). The stock options were scheduled to vest ratably on the first day of each month for six months, beginning on August 1, 2015, subject to his continued service on each of those dates. The restricted stock units fully vested on December 25, 2015. The unvested portion of the Prior Grant (which, as of the date of this Proxy Statement consists of 50,000 stock options) will automatically vest in the event of a change in control of the Company. We felt this vesting schedule was appropriate for a number of reasons, including (i) the desire to incentivize Mr. Dean to accept the interim role; (ii) it was unknown for how long Mr. Dean would be serving in the interim role; and (iii) Mr. Dean would not be entitled to any cash severance upon his termination of employment. As a result of Mr. Dean accepting the CEO position following this grant, the parties agreed to extend the vesting of his remaining stock options under the Prior Grant (50% of the grant) until October 19, 2016.

Mr. Dean in Current Role as President and CEO

        On October 19, 2015, in connection with Mr. Dean's appointment as President and CEO and pursuant to his new employment agreement, Mr. Dean received an LTI award with a grant date fair value of $1.0 million, of which two-thirds were granted in the form of stock options and one-third was granted in the form of restricted stock units (collectively, the "2015 Dean Grant"). The 2015 Dean Grant will vest ratably on each of the first three anniversaries of the grant date, in each case subject to Mr. Dean's continuous service with us on each applicable vesting date (subject to earlier vesting as a result of certain termination and change of control scenarios as described in more detail in the "Agreements with 2015 Named Executive Officers" section.) The 2015 Dean Grant is in recognition of the substantial operational and strategy experience Mr. Dean brought to the position and was intended to motivate and reward Mr. Dean for the creation of long-term sustainable shareholder value, align his interests with the interests of our shareholders, and enhance the overall retentive value of his compensation program from the onset of his appointment as our President and Chief Executive Officer. Due to limitations in our share reserves under the 2006 Plan at the time Mr. Dean executed

30

Table of Contents

his employment agreement, we awarded the 2015 Dean Grant to Mr. Dean under the 2015 Plan. The 2015 Dean Grant will not be effective unless our shareholders approve the 2015 Plan at the Meeting.

        For additional details with respect to Mr. Dean's 2015 LTI awards, see the footnotes accompanying the "Fiscal Year 2015 Grants of Plan-Based Awards" table and the "Agreements with 2015 Named Executive Officers" section of this Proxy Statement.

How We Develop Our Executive Compensation Programs

Role of the Compensation Committee

        The Compensation Committee generally meets in executive session without any member of management present when discussing compensation matters pertaining to our CEO, and with the CEO when discussing other named executive officers.

        When making decisions with respect to the CEO, the Compensation Committee reviews and discusses the CEO's performance and makes preliminary determinations about his compensation, including base salary, annual incentives and long-term equity compensation. For other named executive officers, the CEO considers performance and makes individual recommendations to the Compensation Committee on base salary, annual incentives and long-term equity compensation. The Compensation Committee then reviews, discusses and modifies, as appropriate, the compensation recommendations with the independent members of the Board and final compensation decisions are approved by the Board after this discussion.

        For more information on the Compensation Committee's role and responsibilities, please refer to the Compensation Committee's charter available on our website at www.volt.com.

Role of Independent Compensation Consultant

        Pursuant to its charter, the Compensation Committee is authorized to retain and terminate any compensation consultant, as well as any independent legal, financial or other advisors, as it deems necessary. For a portion of fiscal year 2015, the Compensation Committee retained the services of Chernoff Diamond as its compensation consultant. The newly appointed Compensation Committee selected ClearBridge to succeed Chernoff Diamond as advisor to the Compensation Committee in June of 2015, beginning with the construction of the current CEO's compensation program. The compensation consultant's role includes:

•

Reviewing management recommendations to ensure alignment with our business strategy and compensation objectives



•

Providing research, analyses and design expertise in developing executive and incentive compensation programs



•

Keeping the Compensation Committee apprised of executive compensation-related regulatory developments and market trends



•

Attending Compensation Committee meetings to provide information and recommendations regarding our executive compensation program and communicate with the Compensation Committee between meetings, as appropriate.

        Prior to the retention of a compensation consultant or any other external advisor, and from time to time as the Compensation Committee deems appropriate, the Compensation Committee evaluates the advisor's independence from management, taking into consideration all relevant factors, including the six independence factors specified in the SEC and NYSE listing rules. The Compensation Committee reviewed the independence of Chernoff Diamond and ClearBridge and concluded that they

31

Table of Contents

are independent and that their work for the Compensation Committee has not raised any conflicts of interest.

Role of our Compensation Peer Group

        The Compensation Committee considers a study compiled by its compensation consultant of compensation packages for executives in an industry peer group, culled from publicly filed documents of each member of the peer group. The compensation consultant identifies a group of staffing and services-related companies that are comparable to us in terms of business mix and revenue size and reflects companies we compete with for talent and/or capital, and the Compensation Committee reviews, considers and approves the group.

        The peer group of companies used during fiscal year 2015 is listed below. This peer group is generally consistent with the peer group used in prior years, with a few modifications made to enhance the relevance of the peer group using the selection criteria described above. The companies added to the comparator group in fiscal year 2015 are TriNet Group Inc. and Resources Connections Inc. Companies removed from our peer group in fiscal year 2015 were Korn/Ferry International; Heidrick & Struggles International; DHI Group Inc.; RCM Technologies Inc.; and Mastech Holdings Inc.

Our Fiscal Year 2015 Peer Group

        Consistent with the Compensation Committee's philosophy and guiding principles for determining overall executive compensation, the Compensation Committee does not target any particular percentile at which to align compensation. However, the Compensation Committee will use the peer group median as a reference point when making pay decisions. Although the median is used as a reference point, actual levels of pay depend on a variety of factors such as experience and individual and Company performance.

Role of our CEO in Determining Compensation

        The CEO develops and recommends to the Compensation Committee compensation levels for our other named executive officers and provides his perspectives. The CEO does not participate in or otherwise influence recommendations regarding his own compensation.

Employment, Termination of Employment and Change-In-Control Agreements

        During fiscal year 2015, we were party to employment agreements and separation agreements with certain of our 2015 Named Executive Officers. We utilize such arrangements in order to attract, motivate and retain high caliber talent. None of the employment agreements with our 2015 Named Executive Officers contain tax gross-ups. The Compensation Committee and CEO, as applicable,

32

Table of Contents

considered these agreements in reaching their compensation decisions. A description of these agreements can be found in "Agreements with 2015 Named Executive Officers."

Clawback/Recoupment

        The employment agreements with each of Mr. Dean, Mr. Tomkins, and Ms. Driggs, and the employment agreements previously entered into with Mr. Kochman, Mr. Whitney and Ms. Larson, provide that we may recover any compensation received that is required to be recovered by the Sarbanes-Oxley Act of 2002 or the Dodd-Frank Act of 2010.

Benefits

        Our executive officers do not participate in any tax-qualified defined benefit plan sponsored by us. We do not provide our executives, including our 2015 Named Executive Officers, with special or supplemental defined benefit pension or post-retirement health benefits. Our Named Executive Officers receive health and welfare benefits under the same programs and subject to the same eligibility requirements that apply to our employees generally.

Deferred Compensation Opportunity; Other Retirement Benefits

        Our 2015 Named Executive Officers are eligible to participate in our 401(k) plan. We currently match 50% of the first 2% of eligible pay that employees contribute to the 401(k) plan. We also have a non-qualified deferred compensation and supplemental savings plan, which permits eligible employees to defer a portion of their salary. This plan consists solely of participant deferrals and earnings thereon.

Perquisites

        Perquisites represent a minor component of executive compensation. We provide our 2015 Named Executive Officers with a small number of perquisites that we believe to be reasonable and competitive. Further detail can be found in footnote six of the "Fiscal Year 2015 Summary Compensation Table." No tax gross-up payments are provided in connection with any perquisites.

Other Compensation-Related Matters

Accounting for Share-Based Compensation

        We account for share-based compensation including restricted stock, restricted stock units and stock option awards in accordance with Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 718 ("ASC Topic 718"), Compensation—Stock Compensation.

Impact of Tax Treatment on Compensation

        Section 162(m) of the Internal Revenue Code limits the Company's tax deduction for compensation in excess of $1.0 million paid in any one year to its Chief Executive Officer and certain other executive officers unless the compensation is "qualified performance-based compensation." Payments of bonuses will constitute "qualified performance-based compensation" under the provisions of Section 162(m) if payable on account of the attainment of one or more pre-established, objective performance goals and if certain requirements are met. If approved by our shareholders pursuant to the requirements of Section 162(m), the Company intends for certain awards earned under the 2015 Plan to qualify for tax deduction. However, the Compensation Committee reserves the right to pay to our employees, including participants in the 2015 Plan, other amounts which may or may not be deductible under Section 162(m) or other provisions of the Internal Revenue Code.

        The Compensation Committee considers the anticipated tax treatment to the Company in its review and establishment of compensation programs and awards. The Compensation Committee

33

Table of Contents

intends to continue to consider the deductibility of compensation as a factor in assessing whether a particular arrangement is appropriate, based on the goals of maintaining a competitive executive compensation system generally, motivating executives to achieve corporate performance objectives and increasing shareholder value.

Compensation Committee Report

        The Compensation Committee has reviewed and discussed this CD&A as required by Item 407(e) of Regulation S-K with management and, based on this review and discussion, recommended to the Board that this CD&A be included in this proxy statement.

Committee Interlocks and Insider Participation in Compensation Decisions

        During fiscal year 2015, all members of the Compensation Committee were independent directors, and no member was an employee or former employee of the Company. Mr. Boone, a former employee of the Company, joined the Compensation Committee during fiscal year 2016. During fiscal year 2015, none of our executive officers served on the compensation committee (or its equivalent) or board of directors of any entity whose executive officers also served on our Compensation Committee. No member of our Compensation Committee was an officer of the Company during fiscal year 2015. During fiscal year 2015, we paid or accrued $1.1 million to Troutman Sanders LLP, at which Lloyd Frank, a former Board member and member of the Committee, is Senior Counsel, for services rendered to us and expenses reimbursed.

34

Table of Contents

Fiscal Year 2015 Executive Compensation

        The following table provides information concerning the compensation of the 2015 Named Executive Officers for each of the fiscal years ended November 1, 2015, November 2, 2014 and November 3, 2013. The Company's fiscal year ends on the Sunday nearest October 31st. The 2014 and 2015 fiscal years consisted of 52 weeks, while the 2013 fiscal year consisted of 53 weeks.

FISCAL YEAR 2015 SUMMARY COMPENSATION TABLE

35

Table of Contents

FISCAL YEAR 2015 GRANTS OF PLAN-BASED AWARDS

        The table below provides information regarding awards made by the Compensation Committee in fiscal year 2015.

36

Table of Contents

37

Table of Contents

FISCAL YEAR 2015 OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END

        The following table sets forth certain information concerning shares of our common stock subject to unexercised stock options and equity incentive plan awards held at November 1, 2015 by the 2015 Named Executive Officers: