The meaning of PERQUISITE is a privilege, gain, or profit incidental to regular salary or wages; especially : one expected or promised. How to use perquisite in a sentence. Did you know?

The value of this perquisite equates to 24% of the employee's salary or the hotel charges, whichever is lesser. Value of Perqusities by way of the use of a motor car to the employee from an employer If the employer owns the car and it's used only for official duties, Value of the perquisite will be considered as zero, provided proper ...