Common benefits in kind(bik) are things such as company cars, private health insurance, subsidized meals, childcare vouchers etc., and housing support. Such free or discounted products, stock options or personal use of company assets is another example. Other employers may provide the benefits, such as professional development programs, that may be tax exempt. These perks are available on different companies and different industries, but they can hugely increase to a person's overall compensation package. Nevertheless, employees should think about any tax responsibilities that come with getting such benefits.