What's the difference between perquisite and salary?

Perquisite


Definition:

  • (n.) Something gained from a place or employment over and above the ordinary salary or fixed wages for services rendered; especially, a fee allowed by law to an officer for a specific service.
  • (n.) Things gotten by a man's own industry, or purchased with his own money, as opposed to things which come to him by descent.

Example Sentences:

  • (1) Multicellular tumor spheroids (MTS) provide a closer in vitro correlate to in vivo malignancy than do conventional monolayer cultures; while simulating many parameters of in vivo growth, MTS systems provide those perquisites (i.e., experimental control, economy, expediency) associated with in vitro evaluation of preclinical therapeutic strategies.
  • (2) Persons insured in Group 2, on payment of a premium, obtain certain perquisites as compared with Group 1, primarily they may consult general practitioners and specialists of their own choice.

Salary


Definition:

  • (a.) Saline
  • (n.) The recompense or consideration paid, or stipulated to be paid, to a person at regular intervals for services; fixed wages, as by the year, quarter, or month; stipend; hire.
  • (v. t.) To pay, or agree to pay, a salary to; to attach salary to; as, to salary a clerk; to salary a position.

Example Sentences:

  • (1) Helsby, who joined the estate agent in 1980, saw his basic salary unchanged at £225,000, but gains a £610,000 windfall in shares, available from May, as well as a £363,000 increase in cash and shares under the company profits-sharing scheme.
  • (2) "It is very satisfying work," says the 28-year-old, who earns a net monthly salary of 23,000 kwatcha ($80), probably one of the highest incomes in the village.
  • (3) The investigators likely to have questions for Clarke, who remains on the payroll until January when he too is entitled to a payoff of a year’s salary.
  • (4) Paradigm relies heavily on social science research and analysis to help companies identify and address the specific barriers and unconscious biases that might be affecting their diversity efforts: things like anonymizing resumes so that employers can’t tell a candidate’s gender or ethnicity, or modifying a salary negotiation process that places women and minorities at a disadvantage.
  • (5) The audit states: "The financial position of Zuma deteriorated over time, mainly as a result of the fact of the shortage in daily funding required to fund his lifestyle … Zuma's cash requirements by far exceeded his ability to fund such requirements from his salary."
  • (6) And he failed to engage with these sensible proposals to limit bonuses to a maximum of a year's salary or double that if explicitly backed by shareholders - proposals which even his own MEPs have backed – until the very last minute.
  • (7) Since leaving the group last April – taking home a reported £3.1m in salary, compensation and future share awards – the work has not stopped.
  • (8) The current CEO, the aptly named John Boss, took home $5.4m in salary and other compensation in 2015.
  • (9) Senior management salaries have remained frozen since 2008.
  • (10) One shareholder in RBS warned that the bank might now have little option but to increase salaries.
  • (11) In 2010 there were 2,525 City workers with in the €1m-plus pay bracket with average pay of €2.3m and with a much higher ratio, 611% of variable pay to fixed salary.
  • (12) A typical salary for a practice squad member is around US$100,000, significantly less than the Hayne earns in the NRL .
  • (13) Overall earnings growth was even lower, with the average UK salary increasing just 0.5% on 2010 levels once part-time workers are included.
  • (14) According to the BBC, as of last August, Klein's salary was £195,000 and Hadlow's £225,000.
  • (15) After specialization, there appeared to be a tendency for the less academically able students to take on full-time salaried jobs rather than to enter private practice.
  • (16) In 2007, his £450,000 LTIP, combined with basic salary and bonus, left him £1.2m better off - and with nearly double the then salary of the BBC's director general, Mark Thompson.
  • (17) Summiteers might be content with the higher rank and salary … and not really be motivated to summit again.
  • (18) Belinda Lester, from the employment law firm CKFT, agreed: "If they have a bad year, it's very difficult to cut back salaries"; the second big plus from the bank's point of view is "if a significant part of your remuneration is a bonus, these contracts will make it very clear that bonus is only payable if you're not leaving.
  • (19) Because the team is over the salary cap, keeping Basketball Zeppo will cost the Knicks an estimated $2.1 million .
  • (20) The incoming non-executive chairman of IAG, Iberia's Antonio Vazquez Romero, will receive a fee of €235,000 under a similar arrangment, on top of his annual salary of €645,000.