Etymology:
The word "perk" is thought to have originated from the acronym "PERQ", which stood for "Privileged Employee Requirement Qualification". This term was coined in the 1950s to refer to non-salary benefits offered to employees as a way to attract and retain talent.
Meaning:
A perk is a benefit or privilege that is offered to employees in addition to their salary or wages. Perks can take various forms, such as:
Origin:
The concept of perks emerged in the mid-20th century, as companies began to realize that offering non-salary benefits could help them compete for and retain employees. In the 1950s and 1960s, perks such as health insurance, life insurance, and paid time off became more common.
Over time, the definition of perks has expanded to include a wider range of benefits, from financial incentives to lifestyle enhancements. Today, perks are an integral part of many employee compensation packages and are considered an important factor in job satisfaction and retention.
Etymology Middle English perche from Old French Old French perche from Late Latin L
Etymology Latin percolare to strain through Proto Indo European per k̑elH to
Etymology The word perquisite comes from the Latin word perquirere which means to s
Etymology The word furrow comes from the Middle English word furwe which is derived
Etymology The word benefit comes from the Old French word benefice which in turn co
Etymology From Latin convalescere meaning to grow strong to recover Prefix con
Etymology The word gratuity originates from the Latin word gratuitus which means f
