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- DictionaryFringe ben·e·fit/ˈfrinj ˌbenəfit/
noun
- 1. an extra benefit supplementing an employee's salary, for example, a company car, subsidized meals, health insurance, etc.: "some occupations offer an employer's pension as a fringe benefit"
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May 30, 2024 · Fringe benefits are perks or extra compensation over and above regular salary. Some fringe benefits are for all the employees, whereas others are offered only to certain...
Jun 14, 2024 · What is the definition of fringe benefits? Fringe benefits are a form of pay, often from employers to employees, and are considered compensation for services beyond the employee's normal rate of pay. These employee fringe benefits can be property, cash, cash equivalents, discounts, savings accounts, and even non-tangible benefits like experiences.
Feb 25, 2024 · Fringe benefits are additions to compensation that companies give their employees. Some fringe benefits are provided to all employees, while others may be offered to executives...
What Is a Fringe Benefit? A fringe benefit is a form of pay (including property, services, cash or cash equivalent) in addition to stated pay for the performance of services. Under Internal Revenue Code (IRC) Section 61, all income is taxable unless an exclusion applies.
The meaning of FRINGE BENEFIT is an employment benefit (such as a pension or a paid holiday) granted by an employer that has a monetary value but does not affect basic wage rates. How to use fringe benefit in a sentence.
Aug 15, 2024 · Fringe benefits are a form of compensation that employers give to team members in addition to their regular salary. There are many different types of fringe benefits, including retirement plans and health club memberships.
fringe benefit, any nonwage payment or benefit (e.g., pension plans, profit-sharing programs, vacation pay, and company-paid life, health, and unemployment insurance programs) granted to employees by employers.
Nov 20, 2015 · Fringe benefits are on-the-job benefits that come in a form other than money. Fringe benefits, sometimes called “perks,” are offered by some employers to some employees, usually for the purpose of enticing highly qualified individuals to accept or maintain employment at their companies.
Jan 12, 2024 · Fringe benefits are the additional benefits that companies give to employees beyond their salaries or wages. These benefits may include professional development stipends, meal subsidies, employee stock options, commuter benefits and more.
FRINGE BENEFIT definition: 1. something that you get for working, in addition to your pay, that is not in the form of money…. Learn more.
