Fringe Benefits
/ˈfrɪndʒ ˈbɛnɪfɪts/
Definitions
- (n.) Non-wage compensation provided to employees in addition to their normal salaries or wages, such as health insurance, retirement plans, and paid leave.
The employer offered fringe benefits including dental coverage and a company car.
Forms
- fringe benefits
- fringe benefit
Related terms
See also
Commentary
Typically negotiated as part of employment contracts, fringe benefits can impact tax treatment and employee retention strategies.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.