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What is meant by the term "perks" in a workplace context?

  1. Benefits and bonuses other than salary

  2. Mandatory overtime pay

  3. Standard salary improvements

  4. Workplace complaints

The correct answer is: Benefits and bonuses other than salary

The term "perks" in a workplace context refers to additional benefits or bonuses that are provided to employees beyond their standard salary. These can include a variety of non-wage compensations such as health insurance, retirement plans, paid time off, employee discounts, flexible working hours, gym memberships, and more. Such perks can play a crucial role in enhancing employee satisfaction and retention, as they add value to the overall employment package. The other options do not capture the essence of "perks." Mandatory overtime pay is about compensation for additional work hours, standard salary improvements relate specifically to raises in salary, and workplace complaints pertain to issues or grievances within the work environment. None of these alternatives encompass the broader notion of extra benefits that "perks" implies.