Company benefits are various types of non-wage compensation provided to employees in addition to their normal wages or salaries. These can include health insurance, retirement plans, and paid time off, among other perks aimed at improving employee satisfaction and retention.
A perquisite, often abbreviated as 'perk,' is a non-wage benefit or privilege granted to employees in addition to their regular salary or wages. Perquisites are typically offered to enhance job satisfaction, performance, and loyalty among employees.
