Volume : 5, Issue : 11, NOV 2019
Some companies offer perks, to their employees, which are more than salary. This additional income confirms the loyalty of the employees and more production in return. Also the employees have not to pay income tax, since perks are not income just like compensation. Such a company considers it more profitable to pay additional finance to its employees rather paying additional income tax to the government. It is their additional investment with additional income.
ADDITIONAL, ADDED, EXTRA, SUPPLEMENTARY, SURPLUS.