Boards of North Carolina companies provided their CEOs perks ranging from jet travel and car allowances to supplemental retirement plan contributions and physicals.
Even so, the median perks package fell 22 percent last year, to $83,333. That’s still more than twice the median wage in North Carolina.
Some companies have cut back on perks such as club dues, said Mark Rosen, a Charlotte-based compensation consultant with Pearl Meyer & Partners.
“If you go back a few years, you’ll see a lot more golf club memberships,” he said. “It’s just harder to justify why we should be subsidizing that for someone who makes a decent living.”
Other perks, such as physical exams for executives, make sense, Rosen said. “We want to make sure the executives are taking care of themselves,” he said.
Here are some of the perks North Carolina’s CEOs got in 2013:
And CommScope’s Marvin Edwards received almost $1.2 million in cash connected to the company’s initial public offering last year.
Coca-Cola Bottling Company gave chief executive Frank Harrison III a $45,000 cash allowance. Harrison “has the flexibility to keep or spend the allowance and is not required to report to the Company how the allowance is spent,” the company said in its explanation.