1. Executive Compensation - Past, Present and Future
... computers, financial planning and tax preparation services, tickets to sporting and entertainment events and enhanced supplemental health and welfare plans. Perks that have developed recently include deferred-pay programs, often called "top-hat" plans, in which executives defer $1 million plus salaries into loosely regulated plans . This enables companies to avoid paying taxes on $1 million plus salaries that previously were deductible of executives while ... guaranteeing an above market interest rate. The deduction of $1 million plus salaries was barred in legislation passed in 1994. O...
- Word Count: 403
- Approx Pages: 2
- Grade Level: Graduate