Non-Monetary Compensation

In Kind
The term 'in kind' refers to actions, goods, or services provided in a form other than money but with equivalent value.
Perks
Perks are perquisites that come in the form of additional benefits beside regular remuneration, primarily expected by senior employees such as company cars, private health insurance, and gym memberships.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.