HR Glossary
What is Perquisites (Perks)?
Special privileges or benefits beyond standard compensation packages, ranging from executive-level perks like company jets and club memberships to everyday workplace perks like free meals and flexible schedules.
Why it matters in hiring
Perquisites (Perks) comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.
Related terms starting with P
- Performance Improvement Plan (PIP)
- Performance Management
- Performance Rating
- Performance Review
- Pet Insurance
- Phantom Stock
- PIPEDA - Personal Information Protection (Canada)
- PIPL - Personal Information Protection Law (China)
Part of the springhire HR glossary, 1,150+ HR, payroll and recruiting terms defined. Free, no signup.
