More than 8 in 10 Fortune 1000 businesses offer a non-qualified deferred compensation plan to their key executives, a new survey discloses.
The Newport Group, Heathrow, Fla., released this finding in a summary of results from its 2012 edition of “Executive Benefits: A Survey of Current Trends.” The report tracks issues and outlooks regarding the rewards programs of Fortune 1000 firms.
This year’s report includes supplemental data regarding trends in executive benefits, as reflected in the public filings of Fortune 500 public companies in 2010. The research was compiled in collaboration with Main Data Group, a research and consulting company and a source of executive benefit and total reward information.
The survey reveals that 83% of Fortune 1000 firms report offering a non-qualified deferred compensation (NQDC) plan to key employees. The survey also notes that the prevalence of these plans in the large corporate marketplace “remains stable in spite of the recent economic downturn.”
Among the report’s key findings: