• LinkedIn
  • YouTube
  • Twitter
  • Facebook
  • Google+

SEC reporting rule causes cutback in executive perks

by on
in Compensation and Benefits,Employee Benefits Program,Human Resources

Don’t want to disclose more information about your executives’ compensation and benefits packages? Scale them back. That’s what more organizations are doing since the Securities and Exchange Commission (SEC) in late 2006 required public companies to start reporting perks valued at $10,000 (down from the prior reporting minimum of $50,000).

A new report by compensation consultant Equilar says the median value of perks such as financial planning services, use of the corporate jet and personal security dipped between 2005 and the time organizations had to start revealing them. One company even said it would no longer offer any fringe benefits to its executives.

Like what you've read? ...Republish it and share great business tips!

Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...

We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.

The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.

" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/4002/sec-reporting-rule-causes-cutback-in-executive-perks "

Leave a Comment