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If you think about the way most companies handle vacation and leave compensation, I'm not sure that there necessarily is much "interest" accruing to deferred compensation, except perhaps in those cases where salaried employees separate from a company and receive payment for unused vacation and leave time... and most companies have fairly strict limits on "banking" such leave.

If the company you are looking at has an unusually high amount of deferred compensation, compared to its competitors, I would agree this might be a concern, though I'd be more concerned about trying to place a value on ESOPs, which are usually *not* identified as deferred compensation.

There is a lot of disagreement at present on how such compensation should be reported, and many companies choose the method that tends to "hide" much of this item in the footnotes, and which security analysts are still grappling with in terms of assessing its real impact on a firm's intrinsic and probable future value.

A very interesting article on the subject of ESOPs as a "semi-hidden" liability appears to be:
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