Executive Benefits Survey Results of the 2011 ... - Hay Group

8 Executive Benefits Survey
Executive Perquisite Prevalence
The following perquisites are the most prevalent:
� Cell phones / Blackberry
� Company Car / Car Allowance
� Severance Pay
� Employment Contracts
Perquisites that show increased prevalence from prior surveys are Executive Physical
Examinations and Executive Coaching.
Perquisites that have decreased in prevalence include Executive Medical Reimbursement
and Country Club Memberships. Although still prevalent, Employment Contracts have also
decreased in prevalence.
Executive Perquisites Offered
President &
CEO
Executive and
Senior VPs
VPs
Based on
Division Heads
Compensation
Cellular Phones 79% 94% 87% 83% 67% 9%
Exec Severance Pay Practice 51% 87% 80% 58% 29% 8%
Employment Contracts 48% 19% 55% 23% 13% 8%
Exec Physical Exams 43% 96% 85% 55% 20% 4%
Golden Parachutes 42% 92% 83% 31% 13% 7%
Exec Parking 39% 95% 83% 56% 27% 1%
Exec Group Life Insurance 37% 88% 80% 57% 22% 10%
Exec LTD 37% 84% 80% 60% 26% 22%
Car Allowance 36% 78% 71% 56% 34% 4%
Average Car Allowance Amount $11,988 $10,921 $10,376 $11,187 $7,667
Personal Financial Counseling/Tax Prep 31% 95% 82% 40% 19% 6%
Company Cars 30% 93% 57% 38% 24% 4%
Home Office Equipment 29% 93% 66% 57% 29% 2%
Exec Vacation Policy 28% 92% 84% 75% 33% 6%
Executive Coaching 26% 92% 80% 52% 29% 5%
Country Club Membership 24% 94% 51% 27% 9% 8%
Company Aircraft - Personal Use 18% 95% 41% 10% 7% 2%
Key Person Life Insurance 18% 93% 56% 36% 15% 11%
Event Tickets or Boxes 16% 92% 71% 55% 35% 10%
Post-Emp Consulting Agreement 15% 63% 67% 41% 28% 15%
Airline Club Membership 15% 93% 67% 41% 20% 4%
Athletic/Fitness Club Membership 14% 93% 75% 64% 34% 11%
Exec Medical Reimbursements 13% 93% 79% 50% 24% 5%
Paid Spouse Travel Expenses 13% 93% 56% 20% 7% 5%
Luncheon Membership 13% 93% 65% 30% 13% 8%
Excess Personal Liability Insurance 11% 89% 83% 60% 29% 6%
Exec Retiree Medical 10% 91% 81% 59% 47% 6%
Chaffeur 10% 90% 27% 10% 3% 7%
Home Security 9% 89% 41% 11% 7% 7%
Apartments/Houses/Suites 8% 71% 50% 13% 4% 4%
Split Dollar Insurance 5% 73% 80% 53% 33% 13%
Exec Dining Room 4% 86% 64% 50% 36% 14%
Personal Legal Services 4% 92% 83% 67% 42% 8%
Sabbatical Leave 3% 88% 88% 88% 75% 13%
Dependent College Tuition 3% 63% 63% 63% 50% 25%
Executive Flex Plan 3% 88% 75% 75% 50% 25%
Average Executive Flex Plan Amount $24,800 $13,500 $6,750 $3,250 $6,000
With regard to tax gross ups of executive perquisites, 82% of respondents do NOT gross up
any perquisites for tax purposes. Within the 18% of organizations that do gross up
perquisites, car allowance is the most commonly grossed up perquisite.
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