Perks are symbols of rank in the corporate hierarchy and are used to compensate executives while minimizing taxes.

Name: Perks are symbols of rank in the corporate hierarchy and are used to compensate executives while minimizing taxes.
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Question

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Perks such as stock options, bonuses, and company cars are often used as a way to compensate executives and minimize taxes. Additionally, they are also seen as a symbol of rank in the corporate hierarchy as they are only granted to higher-level executives.

Perks Are Symbols of Rank in the Corporate Hierarchy and Are