Definition of fringe benefit in English:

fringe benefit

noun

  • An extra benefit supplementing an employee's money wage or salary, for example a company car, private health care, etc.

    ‘some occupations offer an employer's pension as a fringe benefit’
    • ‘Resources are available to support an average of $70,000 in salary and fringe benefits for each new faculty position.’
    • ‘He would be entitled to all stock incentive benefits, three times his annual remuneration and other fringe benefits.’
    • ‘Top quality staff command high salaries and other fringe benefits such as housing and transport that are beyond the reach of government funded, educational institutions.’
    • ‘Most of these are fringe benefits paid for by employers, but small amounts that are now tax-favored are paid for by employees and the self-employed.’
    • ‘Stress levels are said to be high, as are salaries and other fringe benefits.’
    • ‘Our action is also to tell the authorities that we are not happy about the undue delay in the payment of our fringe benefits and other entitlements due us.’
    • ‘Since 1 April 1999 employers have needed to keep records of fringe benefits provided to each employee.’
    • ‘Outcomes refers to salaries, recognition, fringe benefits, seniority rights and the like.’
    • ‘Your continued employment is dependent upon your covering all of your research expenses, including your salary and fringe benefits, from extramural research funding.’
    • ‘Instead they established a pattern of postwar collective bargaining through which workers conceded much to management in return for higher wages and fringe benefits.’
    • ‘Current law taxes the fringe benefits of these shareholders.’
    • ‘Public Benevolent Institutions are exempt from fringe benefits tax and income tax.’
    • ‘Usually, a good working environment, high wages, and fringe benefits encourage institutional loyalty.’
    • ‘Government data on wages and salaries also exclude fringe benefits.’
    • ‘The cost of nurses' time was calculated as follows: the mean salary and fringe benefits across all 3 study units was calculated per second of a nurse's time.’
    • ‘Your employer also has to make a return to the tax office with details of any fringe benefits given to you.’
    • ‘Some important sources of income, like fringe benefits paid for by employers and in-kind welfare benefits, are excluded.’
    • ‘The standard offer is two to three times what you made as a full time soldier, plus fringe benefits.’
    • ‘Workers pay taxes on cash wages but not on fringe benefits like health insurance.’
    • ‘For starters, this includes knowing the actual job title, starting compensation, fringe benefits, and initial review period.’
    added extra, additional benefit, privilege, benefit, advantage, bonus, dividend, extra, plus, premium, consideration, reward
    View synonyms

Pronunciation

fringe benefit