noun a privilege, gain, or profit incidental to regular salary or wages; a bonus
Perquisites can impact the overall cost of a company's compensation structure and may need to be disclosed in financial reports.
Perquisites are often offered to executives as part of their compensation package, such as company cars or expense accounts.
Perquisites may be subject to tax laws and regulations, requiring careful documentation and reporting by companies.
Perquisites may be included in job offers to attract top talent, such as additional vacation days or flexible work hours.
Perquisites are sometimes scrutinized by shareholders and regulators to ensure they are reasonable and aligned with company performance.
In the publishing industry, writers may receive perquisites such as free books, access to literary events, or complimentary subscriptions to magazines.
Psychologists working in private practices or healthcare settings may receive perquisites such as continuing education opportunities, access to professional development resources, or reimbursement for conference attendance.
Software engineers in tech companies may receive perquisites such as free meals, gym memberships, or stock options as part of their compensation packages.
CEOs of large corporations may receive perquisites such as company cars, private jets, or memberships to exclusive clubs as part of their executive compensation packages.