perquisites


Also found in: Dictionary, Thesaurus, Legal, Encyclopedia.

Perquisites

Personal benefits, including direct benefits, such as the use of a firm car or expense account for personal business, and indirect benefits, such as up-to-date office decoration.

perquisites

Special nonmonetary benefits, often offered by landlords in order to attract new tenants. Examples include reserved parking places for company executives, an exercise club for tenants or employees, or free high-speed Internet service.

Mentioned in ?
References in periodicals archive ?
In the most recent year, the median value of aircraft-related perquisites for Fortune 100 chief executives reached $121,676, representing a 12.
Four companies in the Fortune 100 indicated that financial planning-related perquisites for executive officers were discontinued in 2007.
Executive perquisites are enhanced fringe benefits that are ordinarily beyond what is available to all employees.
The SEC's order resolves allegations that the company's proxy statements for fiscal years 1997 through 2003 failed to comply with SEC regulations on the disclosure and description of perquisites totaling approximately $1.
The notice alleged that the Company's proxy statements for fiscal years 1997 through 2003 had failed to comply with SEC regulations with respect to the disclosure and description of perquisites totaling approximately $1.
As part of its proposed overhaul of disclosure, the SEC clarified that all executive benefits and perquisites, even when not considered income, must be disclosed.
Deferred compensation accruals, SERPs, shadow 401Ks, perquisites are coming out of the closet.
travel, merchandise, bonuses), training and education, work-life balance programs, internal communications, business meetings, benefits and perquisites, consumer promotions, etc.
The SEC is seeking information primarily with respect to the disclosure of perquisites provided to certain directors and officers of the Company (including Don Tyson, former Senior Chairman of the Company, and John Tyson, Chairman and CEO of the Company).
The initial step includes headcount reductions in the Company's Atlanta headquarters, elimination of independent contractor positions in Atlanta, cancellation of an airplane charter service, termination of retainer contracts with outside consultants, and elimination of certain perquisites for corporate executives.
But now, Welch's perquisites in perpetuity have become the new symbol of CEO excess, replacing stock options as the most criticized form of "stealth compensation.
Key sections include how to design an effective program from scratch, advice on short and long term compensation tools, explanations of supplemental benefits and perquisites, and a comprehensive discussion of employee equity ownership plans.