Perquisites

Double click on any word to get a popup explanation of the word and sample sentences
Dictionary | Wikipedia | Synonyms | News

Dictionary Meaning and Definition on 'Perquisites'

See more meaning on Perquisites...

Wikipedia Meaning and Definition on 'Perquisites'


Employee benefits and (especially in British English) benefits in kind (also called fringe benefits, perquisites, perqs or perks) are various non-wage compensations provided to employees in addition to their normal wages or salaries. Where an employee exchanges (cash) wages for some other form of benefit, this is generally referred to as a 'salary sacrifice' arrangement. In most countries, most kinds of employee benefits are taxable to at least some degree.

Some of these benefits are: housing (employer-provided or employer-paid), group insurance (health, dental, life etc.), disability income protection, retirement benefits, daycare, tuition reimbursement, sick leave, vacation (paid and non-paid), social security, profit sharing, funding of education, and other specialized benefits.

[See more about Perquisites at Dictionary 3.0 Encyclopedia]

Words and phrases related to 'Perquisites'


PerkPrerogativePrivilegeBenefitRight
More Thesaurus and Search Words related to 'Perquisites'

Perquisites Sample Sentences in News



Want to be famous? Add your definition to the meaning of 'Perquisites'


Search for more meaning of 'Perquisites' on the web