Despite a vicious economic slump that continues to fuel public outrage over executive pay, Corporate America hasn’t curbed its urge to splurge a whole lot.
A Compliance Week study of CEO perks offered at 250 large companies—largely the same sample group we studied in 2007—shows that the median spending on “all other compensation” rose 7.5 percent in the last two years. But various specific perks, such as access to corporate aircraft, are being awarded less frequently, even as the overall monetary value of the perks has grown.
