The Rule of Thumb Is That Perks Should Take No

question 83

Multiple Choice

The rule of thumb is that perks should take no more than _____ of the annual personnel budget.

• A) 3 percent
• B) 15 percent
• C) 50 percent
• D) 75 percent

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Definitions:

Household Incomes

The combined gross incomes of all members of a household or family unit, used as an economic indicator.

Median

The midpoint in a series of values that are arranged in numerical order.

American Dream

The national ethos of the United States, emphasizing freedom, opportunity for prosperity and success, and upward social mobility through hard work.

Equal Opportunity

The principle of treating all people the same, without discrimination, and giving them the same chances to achieve employment, education, and other goals.