The next administration is spouting fiscal and monetary policy changes that could unintentionally affect your executive compensation programs, particularly long-term incentive plans and executive perquisites. While the details will take a while to take shape, the intention is to lower tax rates, both corporate and individual. Other actions could raise interest rates, affect the exchange rate, and others. Since a good portion of executive programs are tied to bottom line results, these governmental actions could result in dramatically different near-term income statement projections, with a result of much higher incentive payments or post-tax value propositions than the original intent of the plans. Companies that have long-term plans with bottom line performance measures (EBIT, ROI, Net Income, etc.) might want to do some assessing how their plans could be affected and, more importantly, make certain the plan documents permit a change to these measures for future plan grants.