fringe benefit

noun
1.
any of various benefits, as free life or health insurance, paid holidays, a pension, etc., received by an employee in addition to regular pay.
Origin
1945-50
Examples from the web for fringe benefits
  • Salary is commensurate with experience and qualifications and includes excellent fringe benefits.
  • His salary as a part-time instructor, albeit low and without fringe benefits, kept us afloat this past year.
  • Also, this is one of the few fringe benefits that may be provided to spouses.
  • In fact, in many places the opportunity to pursue outside consulting is one of the best fringe benefits of academic work.
  • fringe benefits are nearly the polar opposite of sucking.
  • But those are fringe benefits, not matters of faith.
  • Working conditions and fringe benefits were an important consideration, too.
  • They had to offer fringe benefits to attract workers and health insurance was one of those benefits.
  • fringe benefits provided by an employer are not a salary or wage, and therefore are not reportable compensation.
  • Unlike employee compensation paid in cash, many fringe benefits are exempt from income and payroll taxes.
British Dictionary definitions for fringe benefits

fringe benefit

noun
1.
an incidental or additional advantage, esp a benefit provided by an employer to supplement an employee's regular pay, such as a pension, company car, luncheon vouchers, etc
fringe benefits in Culture

fringe benefit definition


A payment to a worker in addition to salary or wages. It may take the form of cash, goods, or services, and may include such items as health insurance, pension plans, and paid vacations.