DATE PUBLISHED: SEPTEMBER 11, 2023
With salary, annual bonuses, and long-term equity grabbing most of the headlines, perquisites, or “perks” are often overlooked as a vital component of an executive’s compensation package. Despite their obscurity, incentives ranging from personal use of company aircrafts to relocation expenses remain widely used tools across the U.S. corporate landscape and can act as a guide to broader trends in executive compensation and the business environment.
In this new report, ISS Corporate Solutions researched trends in the adoption and use of perquisites provided to CEOs between 2020 and mid-2023. Separately, we found that Say-on-Pay support was adversely impacted when concerns were raised about executive perks. Download the full report to read more.