How does this make you feel?
In a recent analysis by proxy adviser Glass Lewis, it was revealed that perks for CEOs of S&P 500 companies surged over 30% from 2019 to 2023, with some executives like Mark Zuckerberg receiving millions for personal security. As companies increasingly offer luxury benefits instead of direct compensation, shareholders are left questioning the justification for these extravagant perks, particularly when many employees received minimal upgrades during the pandemic. The risk lies in these costs potentially normalizing and influencing corporate culture negatively, as workers are gradually forced back to the office while executives retain their lavish gains.
