Page 257 - Bruce Ellig - The Complete Guide to Executive Compensation (2007)
P. 257

Chapter 6. Employee Benefits and Perquisites            243


                    TE               Benefit             Importance to Executive
                  E      C                             Low       Moderate     High

                  5      B           Holidays
                  5      B           Vacations                      EB          P

                  5      B          Court duty
                  5      B     Workers’ compensation    EB                      P
                                   and disability
                  5      B        Paid time off bank

                  5      B          Elder care
                  5      B         Military leave

                  5      B         Parental leave
                  5      B          Professional
                                   development
                  5      B          Family and
                                   medical leave
                  5      B         Funeral leave
                  5      B         General leave        EB          P
                                   and sabbaticals
                  1      A         Flexible work
                                     schedules
                  *      *          Employment          EB                      P
                                     contract
                  5      *         Severance pay        EB                      P

                  1      B         Outplacement         EB          P
                                     assistance
                  1      B         Unemployment
                                   compensation
                                  Summary totals
                                                        3           3           0
                                       EB               5           1           0
                                        P               0           2           4
               TE   tax effectivness, E   executive, C   company, EB   employee benefit, P   perquisite,     both
               * Depends on coverage
           Table 6-7. Time off with pay summary
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