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Keywords:
Counseling,
Noncash,
Perks,
Subsistence,
Laundry
A form of incentives generally given to executive employees granting them certain privileges or special consideration, such as memberships in clubs, physical fitness programs, financial counseling, etc.
Things or the use thereof, or services of a kind which confer on an employee some benefit that is in the nature of additional compensation, or reduces to some extent the normal personal expenses of the employee, and shall include, but not be limited to, such things as quarters, subsistence, utilities, clothing, laundry services, medical service, use of state-owned vehicles for other than state purposes, servants paid by the state, an other similar things. Items furnished as perquisites are state property.
personal benefits such as a company car, expense account, office decor, etc.
Special benefits for executives that are usually non-cash items.
Expenses incurred at the discretion of the owner which are unnecessary to the continued operation of the business.
Personal benefits, including direct benefits, such as the use of a firm car or expense account for personal business, and indirect benefits, such as up-to-date office décor.
Commonly known as a 'perk,' perquisites are special fringe benefits provided to an employee in addition to salary. The more valuable an employee's position, or an employee, the more perks they receive-such as vacation time, legal services, company cars and aircraft usage, personal financial counseling, reimbursement of educational expenses, etc.
Special benefits - usually noncash items - for executives.
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