Perks for executives have gotten lots of negative attention in the economic downturn—but does that mean they’re disappearing? Some of our findings:
- The median CEO “other” compensation fell in value for the second year, decreasing 28.3 percent from 2008 to 2009.
- Tax gross-ups, the practice of corporations paying the taxes incurred by CEO perks, declined 0.8 percent in value and 9.4 percent in prevalence from 2008 to 2009.
- 34 percent of Fortune 100 companies indicated in proxy statements that they would eliminate some executive perquisites in 2009 or early 2010.
2010 CEO Benefits and Perquisites Report
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