Top-Notch Benefits Sweeten the Deal

So one of your top managers just renegotiated her benefits package for an extra week of vacation and you’re still sweating the details? According to a company focus by Michael Bush on MSN Money, you could be much worse off, as some companies go to great lengths to retain their top executives.

While perks such as healthcare coverage or a company car might be the norm, some of America’s corporate giants offer much more than a free health club membership enticing their workforce to stay put.

Take, for example, furniture-rental giant Aaron Rents out of Atlanta, Georgia. The organization sponsored $890,000 in private racecar driving instructions for the two sons of the company's director and president of sales and lease ownership.

Or what about insurer Assured Guaranty that offered its president a home in Bermuda worth $240,000. That, along with a number of stock options quickly added up to one of the sweetest benefit packages in employment history.

Is your free coffee machine down the hall not looking so good anymore? Read more from MSN Money on the luxuries granted to top corporate executives, and the write-offs by the companies offering them.

Posted by Shelly Paul, Career Management Coordinator, The H.S. Group