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What Benefits & Perquisites Do Companies Provide to Executives?

December 17, 2014

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Financial Services Perquisites at Fortune 100 Companies

In recent months, we have seen an increased interest in benefits and perquisites analyses for management at leading companies. As organizations prepare for proxy season 2015 and the disclosure of “other” compensation for named executives, sensitivity to excessive perks is acute.

Companies are looking out for the trends and adjusting, given the higher level of public scrutiny, while also maintaining competitive benefits to retain top talent. For example, a recent custom research project looks at professional services perquisites for the named executives at Fortune 100 companies. This in-depth analysis identifies eligibility and reported values for a variety of perquisites including financial services, tax preparation, estate planning, and legal assistance.

Company Highlight – Aetna

Aetna, one of the companies included in the analysis, provides up to $10,000 in financial planning reimbursement for each of its named executives. The disclosed values for the executives range from $800 to the $10,000 limit. Aetna’s disclosure indicates that the benefit is provided to assure sound financial planning, tax compliance, and more time for executives to focus on the core needs of the business.