Nonpecuniary benefit
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Nonpecuniary benefit is a perk that is not actual cash payments, such as lavish offices, memberships at country clubs, corporate jets, and excessively large staffs.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Nonpecuniary benefits. Perks that are not actual cash payments, such as lavish offices, memberships at country clubs, corporate jets, and excessively large staffs.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
