Brenda, the chief technical officer of a telecommunications company, is a member of the Golden Scion Country Club, one of the most exclusive country clubs in the United States. Having a membership in such country clubs is usually expensive. It is, however, free of cost for Brenda as it is paid for by her company. In the given scenario, which of the following options best describes the membership given to Brenda by her company?

Question

Quizplus · Accepted Answer

A perquisite, often referred to as a perk, is a special benefit or privilege that is given in addition to one's regular salary or wages, often as a means to compensate or incentivize employees. In this case, Brenda's company pays for her exclusive country club membership, which is a benefit beyond her salary, making it a perquisite.

Brenda, the Chief Technical Officer of a Telecommunications Company, Is