Select all that applyWhich of the following are examples of perquisites?Multiple select question.Stock optionsA big officeUse of a company jetA company car
Question
Select all that apply
Which of the following are examples of perquisites?
- Stock options
- A big office
- Use of a company jet
- A company car
Solution
Understanding Perquisites
Perquisites, often referred to as "perks," are additional benefits offered to employees alongside their standard salary. These can enhance job satisfaction and retention. Common examples of perquisites include bonuses, stock options, and various kinds of non-monetary benefits.
Identifying the Options
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Stock options: These give employees the right to purchase company shares at a predetermined price. This is a common form of incentive in addition to regular compensation, making it a valid perquisite.
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A big office: Having a large office space can be a status symbol and benefit, often associated with higher rank within a company. This can be considered a perquisite as it is an added benefit that enhances working conditions.
-
Use of a company jet: Access to a private jet for business or personal use is an exclusive benefit and a classic example of a perquisite, typically reserved for high-ranking officials.
-
A company car: Providing a vehicle for personal and professional use is another common perquisite, offering both convenience and status.
Conclusion
All listed options are indeed examples of perquisites. Therefore, the answer is:
- Stock options
- A big office
- Use of a company jet
- A company car
All options apply as perquisites.
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