Finesentence mobile logo
Sign in Login / Register

Perquisite Meaning: Definition, Examples, and Translations

💼
Add to dictionary

perquisite

[ˈpɜːrkɪzɪt ]

Definition

Context #1 | Noun

employment benefits

A perquisite, often referred to as a 'perk', is a benefit or privilege that is granted to an employee in addition to their normal salary. Perquisites can include things like company cars, free meals, or the use of company facilities. They are often provided to attract and retain employees or to recognize their service.

Synonyms

advantage, benefit, bonus, privilege.

Examples of usage

  • One of the perquisites of working at that company is free gym access.
  • Employees enjoy various perquisites, such as flexible working hours.
  • Travel allowances are considered a common perquisite in many organizations.

Translations

To see the translation, please select a language from the options available.

Interesting Facts

Pop Culture

  • In many popular TV shows about office life, characters often joke about the perks they get for working in their specific jobs.
  • In movies like 'The Devil Wears Prada,' characters showcase an incredible lifestyle due to the perquisites of working in fashion.

Economics

  • Perquisites can contribute to a person's overall compensation package, enhancing job attractiveness beyond basic salary.
  • In negotiations, employees often look for perks such as flexible schedules and remote work options as part of their compensation.

Workplace Culture

  • Many companies offer perks like gym memberships, free lunches, and extra vacation days to improve employee satisfaction.
  • Startups often use unique perquisites like nap pods or pet-friendly offices to attract talented workers.

Psychology

  • Having certain perks can enhance job satisfaction, leading to higher productivity and employee retention.
  • Research shows that non-monetary perks can greatly impact an employee’s happiness and loyalty to a company.

Origin of 'perquisite'

Main points about word origin

  • The term comes from the Latin word 'perquisitum,' meaning 'to acquire or obtain.'
  • Originally, it was used to describe benefits or profits that come from a job or position over and above regular wages.

The word 'perquisite' comes from the Latin 'perquisitum', which means 'something obtained by search or inquiry'. It is derived from the verb 'perquirere', meaning 'to seek thoroughly'. The term was adopted into Middle English in the 15th century, evolving into its modern form. It has been used in the context of benefits and privileges given to individuals, often in workplaces, emphasizing the idea that these perks are additional to the basic remuneration for services rendered. Over time, the term has become widely recognized in business and employment settings, especially as organizations seek ways to enhance employee satisfaction and loyalty.

Word Frequency Rank

This word's position of #32,680 indicates it's among the more rare English words. While understanding it broadens your vocabulary, focus on more common words first.