See the $600 Million World of Executive Perks
From private ranch vacations to concierge medicine, these are the ultraluxury perks top executives scored last year.
Managing director Aalap Shah was quoted in the Wall Street Journal article, “See the $600 Million World of Executive Perks."
Aalap Shah, an adviser to companies on executive pay at Pearl Meyer, said the big growth in perks has been in extras that may benefit the CEO but also serve the business needs of the company, such as executive health plans and company-paid security.
“There’s an existential risk to the company if something happens to the CEO or part of the executive team,” Shah said. Many perks these days, he said, are “really necessary to run the business in the most effective way.”
The full Wall Street Journal article is available to subscribers.