Download our special report on executive perquisites, which provides extensive data and analysis of why costs have spiked among S&P 500 companies in recent years, with a focus on air travel, housing and security.
Key highlights:
Since 2019, total S&P 500 perquisite costs are up 41%, and certain perks are becoming much more common – nearly half of the index now pays for CEO air travel, and the proportion of companies covering security is up more than 40%.
These trends reflect ongoing fallout from the pandemic, changes to the way white-collar professionals work, and a more competitive market for CEO talent.
As costs go up and perquisites become more widespread, this once-forgotten component of executive pay is receiving more investor scrutiny, in both engagement and proxy voting.
Air, Housing & Security Cost Breakdown (in millions)
Our report helps to explain the changing landscape, and what it means for companies and their investors going forward.