Executive perquisites, often referred to as 'perks,' are special benefits or privileges provided by a company to its senior executives. These perks are usually not available to lower-level employees and can include a wide range of amenities, such as company cars, private jet access, and significant bonuses.
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.
