Menlo Park, Calif. (Nov. 3, 2003) -- Following two years of corporate scandals, a new survey has found that executive perks like company cars and country club memberships are going the way of the Dodo bird.
When asked which benefits they were least likely to offer today to prospective executives, 29 percent of chief financial officers cited executive perks. Stock options, with 17 percent of the response, came in second. Signing bonuses came in third at 13 percent, 11 percent said they’d cut performance bonuses, and 7 percent would do away with extra vacation days.
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