gain or profit over and above one's salary and wages
one word substitution.
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BONUS is your answer
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ANSWER:
A perquisite is the one word substitution for gain or profit over and above one's salary and wages.
EXPLANATION:
Perquisite means a bonus or a benefit which an individual can enjoy or claim on account of the position he holds or the work done by him for an organization.
For ex:- Mr. John received ₹ 1 lakh as a perquisite for handling a difficult project so well.
A perquisite will always motivates and encourages a person that is doing a particular job which in turn will make him work more happier and in a effective manner.
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