CEOs Still Getting Big Perks Despite Pay Backlash

Executive compensation is under fire, but CEOs are still enjoying perks such as company jets, personal security, financial planning advice and club memberships. Read on to see which tech companies are paying more than $1 million in perks and which ones are anti-perk (notably Cisco and Microsoft).

Lavish life: Jets, personal security, club memberships and more

Executive compensation is under fire, but CEO perks are alive and well. Top executives at some of the largest tech companies enjoy access to company jets, personal security, financial planning advice, club memberships and more. Across all industries, the median value of these and similar perks rose nearly 7% in 2008, according to an Associated Press analysis, even as overall CEO compensation fell 7%. Read on to see which tech companies are paying more than $1 million in perks and which ones are anti-perk (notably Cisco and Microsoft). Slides are arranged from the costliest to the cheapest perks, and our report includes extras doled out to CEOs at eight of the largest non-tech corporations, for the sake of comparison. Data is drawn from companies' proxy statements, as filed with the U.S. Securities and Exchange Commission.


Republished with permission from Network World. (View original version.)