Perquisites .

• Perquisites

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Employee benefit

1 Employee benefits and (especially in British English) benefits in kind (also called fringe benefits, perquisites, perqs or perks) are

various non-wage compensations provided to employees in addition to their normal wages or salaries. In instances where an employee

exchanges (cash) wages for some other form of benefit is generally referred to as a 'salary packaging' or 'salary exchange' arrangement.

In most countries, most kinds of employee benefits are taxable to at least some degree.


Industrial and organizational psychology - Remuneration and compensation

1 Compensation includes wages or salary, bonuses, pension/retirement contributions, and perquisites that can be converted to

cash or replace living expenses. I–O psychologists may be asked to conduct a

job evaluation for the purpose of determining compensation levels and

ranges. I–O psychologists may also serve as expert witnesses in pay discrimination cases when disparities in pay for similar work are

alleged.https://store.theartofservice.com/the-perquisites-toolkit.html

Output - In equity theory

1 In equity theory, output is the benefits that an employee receives, including money, perquisites, power,

status, fame or variety.


Organizational retaliatory behavior - Top Down ORB

1 Whilst employees will act out against the organization, employers will act out against the whistle blower by excluding them from meetings,

eliminate their perquisites, assignment to less desirable work or to a heavier work load, more harsh

criticism, and in certain cases, pressure to drop their lawsuit

altogetherhttps://store.theartofservice.com/the-perquisites-toolkit.html

President - Presidential symbols

1 As the country's head of state, in most countries the president is

entitled to certain perquisites, and may have a prestigious residence; often a lavish mansion or palace, sometimes more than one (e.g


Williamson's Model of Managerial Discretion - Managerial utility function

1 'Management slack' consists of those non-essential management perquisites such as entertainment expenses, lavishly furnished

offices, luxurious cars, large expense accounts, etc. which are above minimum to

retain the managers in the firm. These perks, even if not provided would not make the

manager quit his job, but these are incentives which enhance their prestige and status in

the organisation in turn contributing to efficiency of the firm's operations.


Executive pay

1 It is typically a mixture of salary, bonuses, shares of or call options on the company stock, benefits,

and perquisites, ideally configured to take into account government regulations, tax law, the desires of the organization and the executive,

and rewards for performance.[http://books.google.com/books?

id=hBPaskPAJUQCprintsec=frontcoverdq=executive+payhl=ensa=Xei=wtl5T_CNDYuM0QHP-

7STDQved=0CEAQ6AEwAQ#v=onepageq=executive%20payf=false The complete guide to

executive compensation] By Bruce R


Communist Party of the Soviet Union - Membership

1 The members of the Nomenklatura enjoyed many perquisites denied to the average

Soviet citizen


Seniority in the United States Senate

1 'Seniority in the United States Senate' is valuable as it confers a

number of perquisites and is based on length of continuous service, with

ties broken by a series of factors. Customarily, the terms senior

senator and junior senator are used to distinguish the two United States

Senate|senators representing a particular U.S. state|state.


Seniority in the United States Senate - Benefits of seniority

1 There are several perquisites, including

the following:


Income tax in India - Income from salaries

1 The Act contains list of perquisites which are always taxable in all cases and a list

of perquisites which are exempt in all cases (List I). All other perquisites are to

be calculated according to specified provision and rules for each. Only two

deductions are allowed under Section 16, viz. Professional Tax and Entertainment Allowance (the latter only available for

specified government employees).


Salary - Salary and other forms of payment today

1 Today, the concept of a salary continues to evolve as part of a system of the total compensation that employers offer to

employees. Salary (also now known as fixed pay) is coming to be seen as part of a total rewards system which includes bonuses, incentive pay, commissions, perquisite|benefits and perquisites (or perks), and

various other tools which help employers link rewards to an employee's measured

performance.


Stephen Harper - Reform MP

1 In early 1994, he criticized a party decision to establish a personal

expense account for Manning at a time when other Reform MPs had

been asked to forego parliamentary perquisites.Geoffrey York, Reform

MPs snarl at party rebuke, Globe and Mail, April 8, 1994, pg


Mark Hurd - Compensation

1 In 2008, Hurd's total compensation was $39,952,237, including a base

salary of $1,450,000, stock award of $7,907,660, cash bonus of

$23,931,882, and $662,695 in perquisites and other compensation. It was the largest bonus of any CEO

in 2008, although Hurd would implement a wage freeze on his

employees. https://store.theartofservice.com/the-perquisites-toolkit.html

Brief (law) - Brief bag

1 These perquisites were abolished in 1830


Her Majesty's Most Loyal Opposition (United Kingdom) - Leader of the Opposition

1 The Leader of Her Majesty's Most Loyal Opposition is often seen as the

Prime Minister of the United Kingdom|Prime Minister-in-waiting; as well as his salary as an MP, he or she

receives a statutory salary and perquisites like those of a cabinet

minister, including appointment as a Privy Councillor


Perquisite

1 'Employee benefits' and (especially in British English) 'benefits in kind'

(also called 'fringe benefits', 'perquisites', 'perqs' or 'perks')

include various types of non-wage compensation provided to employees in addition to their normal wages or

salary|salaries


Perquisite - United States

1 Private firms in the US have come up with certain unusual

perquisites.[http://epaper.timesofindia.com/Default/Scripting/ArticleWin.asp?

From=SearchKey=ETBG%2F2013%2F08%2F20%2F18%2FAr01800.xmlCollName=ET_BANGALORE_ARCHIVE_2007DOCID=542035Keyword=%28%3Cmany%3E%3Cstem%3EChandu%3Cand%3E%3Cmany%3E%3Cstem

%3EGopalakrishnan%29skin=pastissues2AppName=2ViewMode=GI

F Times of India]


Business valuation - Normalization of financial statements

1 * Discretionary Adjustments. The owners of private companies may be paid at variance from the market level of compensation that

similar executives in the industry might command. In order to determine fair market value, the owner’s compensation, benefits,

perquisites and distributions must be adjusted to industry standards. Similarly, the rent paid by the subject business for the use of property owned by the company’s owners

individually may be scrutinized.


Equity theory - Equity theory in business

1 Outcomes include monetary compensation, perquisites (“perks”),

benefits, and flexible work arrangements


Anheuser-Busch - Post-acquisition changes

1 For employees, AB InBev ended perquisites such as executive assistants for senior

management, company contributions to the salaried employee pension plan, and

company-provided life insurance to retirees; it also reduced company-provided cell

phones, taking back 1200 Blackberries,http://www.loschmanagement.com/content/bitter-brew#sthash.KvijbkrF.dpuf

tuition reimbursement, and severance packages


Police corruption - Corrupt acts by police officers

1 *'Internal payoffs': prerogatives and perquisites of law enforcement

organizations, such as shifts and holidays, being bought and sold.


IAS 19: Employee Benefits

1 'IAS19' or 'International Accounting Standard Nineteen' is an accounting rule concerning employee benefits under the International Financial

Reporting Standards|IFRS rules set by the International Accounting Standards Board. In this case,

employee benefits includes wages and salaries as well as pensions, life

insurance, and other perquisites.https://store.theartofservice.com/the-perquisites-toolkit.html

Crimean Peninsula - Geography

1 During the years of Soviet Union|Soviet rule, the resorts and dachas of

this coast served as the prime perquisites of the politically loyal.why here? and ref? In addition, vineyards and fruit orchards are located in the

region


Bohemian Grove - Introduction

1 After 40 years of membership the men earn Old Guard status, giving

them reserved seating at the Grove's daily talks, as well as other wikt:perquisite|perquisites


Executive pay in the United States

1 The compensation is typically a mixture of salary, bonuses, equity compensation (stock options,etc.),

benefits, and perquisites


Executive pay in the United States - Perks

1 As part of their retirement, top executives have often been given in-kind benefits or perks (perquisites)


Executive pay in the United States - Post-retirement transparency

1 Some examples of remuneration that some were surprised to learn a corporation was not required by law to report on executive pay statements include benefits of $1 million/year to an IBM CEO retiring

after about nine years of service; a guaranteed rate of return of 12 percent (three times the rate of

Treasury bills at the time) on deferred compensation to executives at GE and Enron.;Hacker and Pierson,

Winner-Take-All Politics, p.64 executive perquisites of guaranteed hours on corporate jets, chauffeurs,

personal assistants, apartments, consulting contracts mentioned above.


Huey Long - Legacy

1 :Patronage, in all its forms, deprivation of perquisites, economic pressure, political

coercion in one form or another, and now and then outright thuggery....Long commanded

the intense loyalties of a substantial proportion of the population.....[Supporters] came to believe that here was a man with a genuine concern for their welfare, not one of the gentlemanly do-nothing governors who had ruled the state for many decades.” Key,

Southern Politics, p 162


Chinese opera - 1949–1985

1 His controversial play The Imposter which dealt harshly with the

favoritism and Employee benefits|perquisites accorded party members,

was first produced in 1979


Indian rebellion of 1857 - Causes of the rebellion

1 It has been suggested that after the annexation of Oudh (Awadh) by the East India Company in 1856, many sepoys were disquieted both from losing their perquisites, as landed

gentry, in the Oudh courts and from the anticipation of any increased land-revenue payments that the

annexation might bring about


Batavian Republic - Short interlude of peace

1 He proposed to abolish all perquisites and sinecures; to permit private

trade; to permit native subjects to own private property; to substitute the land levies by a regulated land

tax; and the abolition of all Heerlijkheid#Heerlijkheid rights|seigneurial rights in the colonies


Reactionary - The restored French monarchy

1 They were horrified when, for example, the French Revolution

permitted common citizens to go hunting, one of the few perquisites

that they had always enjoyed everywhere.


Juan Bautista Martinez del Mazo - Early career

1 After the death of the prince, King Felipe IV|Philip IV decreed that the

perquisites that Mazo had been receiving be continued, and kept him

employed as a painter.


Droit - Droits of admiralty (English law)

1 This refers to certain customary rights or perquisites, formerly

belonging to the Admiralty|Lord High Admiral, but now to the crown, for public purposes and paid into the

Exchequer


Mutual-fund scandal (2003) - Timeline

1 *On April 28, 2005, the Securities and Exchange Commission announced “that it has

instituted settled enforcement proceedings against Tyson Foods, Inc. and its former

Chairman and CEO Donald Don Tyson. The SEC charged that in proxy statements filed with the Commission from 1997 to 2003, Tyson Foods made misleading disclosures of perquisites

and personal benefits provided to Don Tyson both prior to and after his retirement as senior

chairman in October 2001.”


Employee value proposition

1 Personal job satisfaction is driven by far more than financial factors such as salary

and benefits. An organization's EVP has thus been described as critical to attracting, retaining and engaging quality people. Other key factors influencing how an

individual may choose to balance his or her career path in an organization are relocation

services, salary, employee benefit|perquisites, career development, location,

and so on.https://store.theartofservice.com/the-perquisites-toolkit.html

Corruption in China - Means

1 Prebendalism refers to when incumbents of public office get privileges and perquisites

through that office. Controlling an office entitles the holder to rents or payments for real or fake

activities, and organizations are turned from places of work into resource banks where individuals and groups pursue their own interests. Prebendal corruption doesn't

necessarily need to be about monetary gain, but may include usurpation of official privilege,

backdoor deals, clientelism, cronyism, nepotism.


Johann Friedrich Struensee - In control of the government

1 Other reforms included the abolition of capital punishment for theft, the doing away with such demoralizing

abuses as perquisites, and of lackey-ism, the appointment of powerful men's domestic staff to lucrative

public posts.


Curule seat - Other uses

1 Similar early 17th-century cross-framed seats survive at Knole,

perquisites from a royal event.The contemporary term cross-framed came to be employed in the later

17th century to describe chairs with rigid horizontal cross-framed x-

stretchers, possibly causing confusion for a modern reader; see Adam Bowett, The English 'Cross-

Frame' Chair, 1694-1715 The Burlington Magazine '142' No


El Salvador during World War II - The Christian Democrats: a centrist alternative?

1 PCN governments protected the political power and social and

economic perquisites that the officer corps had long enjoyed


History of the Isle of Man - Revestment

1 The Atholls still retained their manorialism|manorial rights, the

patronage of the Bishop of Sodor and Man|bishopric, and certain other wikt:perquisites|perquisites, until

they sold them for the sum of £417,144 in 1828.


Second Federal Republic of Mexico - The War of Reform

1 On April 11 Comonfort enacted a law on rights and parish perquisites

(better known as the Law of Churches). This law prohibited the charging of fees, parish perquisites and tithing. This was the last of the three reform laws which threatened

the privileges of the Catholic Church.


Isle of Man Purchase Act 1765 - Subsequent rights sold

1 Under the Isle of Man Purchase Act, the Atholls still retained their

manorialism|manorial rights, the patronage of the Bishop of Sodor and

Man|bishopric, and certain other wikt:perquisites|perquisites.


Columbia County, New York - History

1 He was made lord of the manor by the Crown, with all its perquisites,

and started to develop the property with tenant farmers


Culture of the People's Republic of China - Drama

1 His controversial play The Imposter, which dealt harshly with the

favoritism and perquisites accorded party members, was first produced in

1979


Company Raj - Army and civil service

1 It has been suggested that after the annexation of Oudh by the East India Company in 1856, many sepoys were

disquieted both from losing their perquisites, as landed gentry, in the

Oudh courts and from the anticipation of any increased land-

revenue payments that the annexation might augur


The White Goddess - Criticism

1 In response to critics, Graves has accused literary scholars of being

psychologically incapable of interpreting mythInter alia – The

White Goddess, Farrar Straus Giroux, p. 224. ISBN 0-374-50493-8 or too concerned with maintaining their

perquisites to go against the majority view. (See Frazer quote.)


History of Panama (1964–77) - The government of Torrijos and the National Guard

1 In the early 1970s, the strength of the alliance was impressive. Disloyal or

potentially disloyal elements within the National Guard and student groups were

purged; increased salaries, perquisites, and positions of political power were offered to

the loyal majority. The adherence of the middle classes was procured partly through more jobs. In return for its support, the PdP

was allowed to operate openly when all other political parties were outlawed.


History of Egypt under the Muhammad Ali dynasty - Dual control

1 Without any efficient means of self-protection and coercion at its

disposal, it had to interfere with the power, privileges and perquisites of

the local elite


Zamindar - Mughal era

1 The courts gave them not only power and status but some income as well

by way of fines, presents and employee benefits|perquisites


Lieutenant of the Tower of London

1 The 'Lieutenant of the Tower of London' served directly under the Constable of the Tower. The office

was appointed at least since the 13th century. There were formerly many

privileges, immunities and perquisites attached to the office. Like the Constable, the Lieutenant was usually appointed by letters

patent, either for life or during the King's pleasure.


Bernard Levin - The Times

1 Among the perquisites of the Times appointment were a company car

and a large and splendid office at the paper's building in Printing House

Square, London


Kings Langley Palace - History

1 The manor was transferred to Eton College but reverted to the Crown, for

Henry VIII of England|Henry VIII conveyed it upon Catherine of Aragon, whom he

was about to marry. John Russell, 1st Earl of Bedford. was given custody of the

royal park at Kings Langley, one of many perquisites he accumulated at the court

of Henry VIII.Hugh Prince, Parks in Hertfordshire Since 1500, 2008:16.


Doosan Bears - Fan Events

1 'Bear's Day' that started in the year of July 24th of 2007 as a promotion, continued to be an event held every last Sunday of the month. (Saturdays

during 2004-2007):ko: 두산 베어스 Promotions and perquisites as listed are given on the 'Bear's Day'. 구경백 ,

“ 할인 · 이벤트로 관중 불러라” , 《문화일보》 ,written 2004-07-23, found

2013-11-28. [http://news.naver.com/main/read.nh

n?mode=LSDmid=secsid1=001oid=02

1aid=0000077088]


Doosan Bears - Fan Events

1 The following promotions and perquisites are given on the day.Lee Jung Ho 'Doosan, start of 2009, start

of 'Queen's day' event for female fans.', 2010-02-27.

[http://www.mydaily.co.kr/new_yk/html/read.php?

newsid=200902270906202227]


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