Thursday, May 14, 2009

golden-coffins-golden-offices-golden-retirement: Personal Finance News from Yahoo! Finance

golden-coffins-golden-offices-golden-retirement: Personal Finance News from Yahoo! Finance:

"Ten of the most egregious executive perks
Running big public companies is hard work, so many executives get a little help to keep their noses to the grindstone.

Use of company jets, cars and drivers, free home security, free financial planning advice and country club memberships. Some of these perquisites, or perks, keep coming after retirement. Even in death, the money keeps flowing in the form of so-called golden coffins.

In the midst of the worst global financial crisis since the Great Depression, public anger against executive compensation and benefits has reached fever pitch, so some perks may be on the way out.

Here are some of the most egregious perks from the golden era of executive compensation, according to corporate governance experts."

No comments:

Post a Comment