The unemployment rate in the United States has remained below 4 percent since January 2022, according to the Bureau of Labor Statistics. Competition for workers is high across many sectors. Anecdotally, demand for executives at various levels in the Lehigh Valley is consistently strong. This market dynamic is one reason that compensation and perks are key components of any executive’s decision to join a new company or remain with their current employer.

Company perks and compensation packages should be a key decision-making factor for any executive because those packages can have a huge impact on their financial future. A 2021 report from Harvard Business Review analyzed compensation of top executives at all Russell 3000 companies and found that only 18 percent of their compensation was base salary; the remaining 82 percent was variable. Those variables, such as stock options, are precisely what’s laid out in compensation and perks packages. READ MORE