Chauffeured cars, bodyguards, club memberships, company jets, apparently they have not yet gone out of style. “The median value of these and similar perks rose nearly 7 percent in 2008,” according to the Associated Press. “The increase came even as overall CEO compensation fell 7 percent to $7.6 million.” The median value of perks in the 309 companies that the AP examined was over $170,000, and only three CEOs received no perks at all. The biggest earner of perks was Johnson & Johnson CEO William Weldon, who took home $3.9 million in perks.
Read it at Associated Press
