The AFL-CIO's 2015 rendition of its annual Executive PayWatch website provides a tailor-made example of how the pay ratio will be used if and when it is finalized.
Although a positive first, the proposed implementation of the Dodd-Frank pay for performance disclosure is highly problematic by requiring the comparison of equity vesting over multiple years to one year total shareholder return.
In 2012, 130 S&P 500 companies received a year-over-year change in SOP support of over 10 percentage points. In 2013, there were 107 companies. In 2014, there were 90.
During the 2013 proxy season, 466 S&P 500 companies reported say on pay results. 460 companies (98.71%) reported received majority support, averaging 91.84% support with a median of 95.49%.