Smaller Perk Packages for CEOs
A study by compensation researcher Equilar indicates that the SEC's new rules on disclosure may be affecting the value of executives' benefits
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The fear of shame remains a remarkable motivator.
When the Securities & Exchange Commission declared that companies would be required to disclose every executive perk costing the company $10,000 or more, some scoffed that the ruling would have little impact. But the SEC's rules took effect at the start of 2007, and the early signs are intriguing: Corporate spending on several favorite perks has declined, and the combined value of the assorted extras lumped into the category of "other compensation" has edged lower, according to a new study shared exclusively with .