CUET Preparation Today
| A works as a manager in XYZ Ltd. Besides the salary, the company offers him benefits such as free housing, medical aid and education to the children, etc. Identify the type of incentive being offered to him. |
Perquisites Pay and allowances Both 1 and2 None of the above |
| Perquisites |
| Perquisites: In many companies perquisites and fringe benefits are offered such as car allowance, housing, medical aid, and education to the children, etc., over and above the salary. These measures help to provide motivation to the employees/ managers |
