Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Perquisite

Special benefits, incidental payments, privileges or advantages for high level executives and other managerial employees. These are considered ‘income’ and as such are taxable to the employee. Some of these perks may include club memberships, legal counseling and access to a company car.
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Permitted Disparity

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Persistency

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