Examples of ______ as a form of compensation include club memberships,first-class travel,and executive dining rooms.
A) retention awards
B) perquisites
C) short-term incentives
D) recognition awards

Question

Quizplus · Accepted Answer

Perquisites, also known as "perks," are non-monetary benefits given to employees as a form of compensation. These perks are generally reserved for high-level executives and include things like club memberships, first-class travel, and dining in executive dining rooms. Retention awards are given to employees to encourage them to stay with the company, short-term incentives are bonuses or rewards given for achieving specific goals, and recognition awards are given to employees for outstanding performance or achievements.

Examples of ______ as a Form of Compensation Include Club