How the salary scorecard is compiled
By Furniture Today Staff -- Furniture Today, September 5, 2005
High Point — To compile its compensation scorecard, Furniture/Today examined proxy statements, annual reports and other financial reports that companies with publicly traded stock or debt file with the Securities and Exchange Commission.
Companies that make such filings typically are required to disclose the compensation of their five highest-paid executives, although Furniture/Today's scorecard generally lists only the top two.
An executive's total compensation is computed by adding salary, bonuses and other annual compensation, as well as the net gains on any stock options exercised during the year. The value of any new and/or unexercised options or other long-term incentive programs is excluded.
The "other annual compensation" category typically includes the company's contributions to the individual's 401(k) account, company-paid life and disability insurance premiums, automobile allowances and relocation expenses.
All data is for the 2004 calendar year unless otherwise noted. Data is compiled by Senior Research Specialist Janice Chamberlain and Database Coordinator Cynthia Myers, under the direction of News Editor Jay McIntosh and Business Editor Larry Thomas.
