Camouflage Compensation Compensation that is granted to upper echelon employees, directors, consultants and related parties that is not fully disclosed in mandatory company filings. In other cases, compensation is fully disclosed, but in such a way that it is very difficult for the average investor to decipher the true value of gross pay compensation. Investopedia Says: Non-qualified deferred compensation plans, SERPs, stock options, stock appreciation rights and share grants are all potential places where compensation can be hidden from analysts and shareholders. The SEC has proposed new regulations to more completely disclose the full cost of compensation to related parties, consultants, directors and employees. Related Terms: Employee Stock Option - ESO Golden Handcuffs Golden Parachute Non-Qualified Stock Option - NSO Securities and Exchange Commission - SEC Severance Pay Stock Appreciation Right - SAR Supplemental Executive Retirement Plan - SERP Vest Fleece |