1. Executive Compensation - Past, Present and Future
... 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. Often, companies also make additional contributions to these plans usually define...
- Word Count: 403
- Approx Pages: 2
- Grade Level: Graduate