Perks are non-monetary benefits given to employees in addition to wages, salaries, and health/retirement benefits. Different from wages, salaries, and health/retirement benefits, it is often considered extras that are nice to have. That said, it can reduce employee turnover and attract top talent to your organization.
Types of perks companies give to their employees:
Benefits of offering perks:
Offering perquisites to employees can be a great way to motivate them, which will help your business stay productive. Furthermore, it can attract top talent in the form of recruits.