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Luring Executives in Through Special Perks 1999 vs. 1997

December 1, 1999
Related Topics: Benefit Design and Communication, Compensation Design and Communication, Featured Article
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What sweeteners are companies offering to recruit and retain executives?

Here are the results of a PricewaterhouseCoopers survey of 143 companies, compared to a similar study of 149 companies done in 1997.

 

Item

Number of companies, of 143 surveyed, that offered it in 1999

Number of companies, of 149 surveyed, that offered it in 1997

Employment Contracts

61

50

'Change of Control' Agreements

71

64

Director and Officers Insurance

65

44

Corporate Owned Life Insurance

33

27

Split Dollar Life Insurance

47

25

Dependent Life Insurance

37

32

Free Medical Exams

117

29

Supplemental Medical Insurance

38

17

Supplemental Long-term Disability Insurance

56

37

Post-Retirement Health Insurance

37

25

Company-Paid Car

89

68

First-class Travel

34

45

Company Plane Usage

26

38

Executive Driver

21

30

Club Memberships

85

62

Mobile Phones

119

67

Financial Counseling

92

58

Additional Vacation

33

22

 

SOURCE: 1999 Executive Perquisites Survey, conducted by the Global Human Resources Solutions Survey Unit of PricewaterhouseCoopers.

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