If shareholders hope that the Securities and Exchange Commission’s new rules for disclosing executive compensation will bait companies into curbing Supplemental Executive Retirement Plans as an additional perk for executives, corporate boards are not biting. Yet.
According to a Compliance Week analysis of perks offered by 250 large companies, SERPs are one of the most prevalent benefits, offered by 70.4 percent of the group. Only personal use of corporate aircraft is more common.
