Skip to main content

CEO perks fade as boards prefer simpler pay structure

Sometimes compensation decisions come down to how a pay and benefit plan will be perceived by volunteer leaders, members, association staff and other stakeholders.That’s especially true with CEO perks. Board members and the public can make negative judgments about benefits like travel for companions or club dues, even if they cost relatively little. The board might be happy to just pay more instead — maybe even more than those perks would have cost.“We’ve absolutely seen a trend away from perks,” said Simon Quint, a principal at compensation consulting firm Quatt Associates. “I had an interesting conversation recently with a board member whose CEO was making well over a… Read More